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View Diary: Morning Feature: Low Taxes: Pennywise and Pound Foolish? (155 comments)

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  •  Hi - I've been reading about this extensively - (8+ / 0-)

    The whole pig in a poke that since the late 70s has been CA's tax policy.  They did everything wrong and in the end this is what their Milton Friedman-esque public policy and tax philosophy has done to their economy (an economy, btw, bigger than that of some small countries).  

    What is clear is that if you have such stellar growth, it must be managed.  Taxes, while a pain, are an investment in schools, infrastructure and social safety nets.  Yet, they are never touted that way.  The Representatives and Senators and the Governors of CA are to blame for not dealing in a straightforward fashion with voters in exchange for perceived power and political longevity.   In other words, they lied to keep their jobs.  Now, what good are those jobs to them?   They've utterly failed.

    Like Krugman, I hope that the nation pays a lot of attention.  If 'so goes CA, so goes the nation' we are in big trouble.  It highlights, among other absurdities, the Teabag protests as completely misguided and those who participate and incapable of understanding the dire position that they have put themselves and others in through their inability to understand even simple economics.

    The Florida property tax amendment is something that is politically popular but completely impractical.  I live in Alachua county which has a high property tax rate (relatively) and we have some of the best roads, EMTs, police, fire services, schools and protected lands in Florida.  We also have a great library system and many cultural activities.  Of course, we are a liberal area, anchored by a university so that helps immensely.  What is clear, however, is that citizens of Alachua county (while they probably grumble re: taxes and fees) realize that they must be paid in order for us to enjoy the services and protections we enjoy.

    I'm sick of GOP SOP!

    by xysea on Tue May 26, 2009 at 05:38:56 AM PDT

    •  Certain irony (6+ / 0-)

      I had planned this diary for some time after learning that a good friend who works for local government will be losing her job in Sept. due to budget cuts.

      Krugmann's op-ed yesterday fit perfectly into the concerns I have over unrealistically low taxes.  It was simply ironic good fortune for this diary.

      Good Morning and ::::::::::::::hugs::::::::::

      "in the wake of Sept. 11, a frightened nation betrayed one of its core principles -- the rule of law -- for the fool's gold of security." Leonard Pitts

      by gulfgal98 on Tue May 26, 2009 at 06:03:06 AM PDT

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      •  Yes - the op-ed was perfect timing (5+ / 0-)

        and the diary seemed to naturally flow with that line of thought.  I think any intellectually-inclined individual (how's that for alliteration lol) would see that there is a threshhold for paying taxes (a floor, for example, that we must not go below) in order to maintain a decent standard of living, quality of life and mortality rate.

        ::::hugs back! :)::::

        I'm sick of GOP SOP!

        by xysea on Tue May 26, 2009 at 06:08:01 AM PDT

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