I think over spending is their problem.  They want to balance the budget with silly solutions like the beverage tax.  30% tax hike on a product that most everyone buys.  Next they will be finding somne reason to tax bread and milk.  

Cut spending dumbasses.

The state increased spending 40% in 5 years and the guv blames the states financial mess on tax cuts? Com'mon, it doesn't take a degree or a calculator to know it's called OVER SPENDING by incompetent state leaders not listening to the citizens.

Governor Parkinson...There is a prevailing thought that the more money the government has the more wealth can be created in which to provide existing and or new services for the betterment of all.  Unfortunately history demonstrates this is not the case.  No New Taxes.

By taking more of one’s income the effect will be dissuading work and inhibiting new productivity, which leads to lower collected taxes. The problem gets worse. This is because and every study on economic policy points to this, behaviors change. Raise the tax and we stop buying that particular item or service. Thus less tax revenue is collected. Economics and monetary policy is not a static discipline. Short term thought is not the solution for a long term problem.

Taxation is the Governments way of taking what would be productive money, that which can be used to purchase goods and services or creating innovation, and in turn spending that money in un-productivity ways. Doesn’t seem like an effective method for stimulating the economy or filling the gaps in a budget.

How do you then create additional tax revenue? By lowering the marginal tax rates, so that at every level of income the proportion remaining would be in the hands of workers and producers would be larger. The net effect is the cost of making additional work or  increases in overall productivity, and investing would fall. We would be making the dollar more productive. In essences getting more value from each dollar.

As we increase the productivity of that dollar spent the economy expands, and thus the tax base and revenues to the state. In other words, by having policies that increase the velocity of the dollar being spent and knowing that there is a tax paid every time that same dollar changes hands, we expand the economy and increase exponentially the revenue coming into the state.

There are two possible tax rates that will generate the same level of government revenue. If taxes are zero, the state revenue is zero and the people retain 100 percent of the income. If the tax rate is 100 percent the productive people will have no motivation to work and thus the states revenue is still zero.  My point? We are on the wrong side of this equation. And it is not even close.

The economy and the business cycle are more pure and predictable with less government intervention, not more.  Now is not the time, nor is there any time that more taxes is the right strategy. Let’s not be sucked into the scam that more taxes mean a larger bank account for the state. Not so.

I hope you find this letter written in a cooperative tone and that it delivers what you and other conservatives should be promoting and fighting for. Tax cuts are not the problem...No New Taxes.

Thank you,

Randall Aronis

Rose: I might also mention that ObamaCare has a whole entire section on vending machines. Who gets to have licenses and our Dear Leader will also determine what goes in them.

Stand by for sticks and grass cookies....all taxed, state and federal.

Rossi

Let's just throw more money down that big black hole.  That sure seems to be working well for us.  It takes at least 2 state employees to do what 1 can do in the private sector.  If you don't believe me, go to any courthouse and just observe.