S4: Repeal of the Elimination of Income Tax Act (Failed) (user search)
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  S4: Repeal of the Elimination of Income Tax Act (Failed) (search mode)
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Author Topic: S4: Repeal of the Elimination of Income Tax Act (Failed)  (Read 2311 times)
fhtagn
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Posts: 12,535
Vatican City State


« on: July 30, 2017, 09:18:22 PM »

Wasn't it just argued last session that there was an excessive surplus?
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fhtagn
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Posts: 12,535
Vatican City State


« Reply #1 on: July 31, 2017, 02:08:35 PM »

I think this bill is necessary in order to raise revenues in order to fund infrastructure, in order to tackle our unemployment, the largest in the nation, among other things.

Have you done any sort of calculations that prove, without a doubt, that regardless of what we do regarding corporate taxes, that the personal income tax must be reintroduced? Or is it just "oh no the Chamber [unanimously] got rid of a tax, we need to bring it back!!!" Tongue

I think he's doing because he wants money for the LEARN act, which costs 146 billion dollars, according to AZ's cost estimate (bad idea IMO).
Infrastructure is important also. If the Governor cares that we have the largest regional unemployment.

EDIT: Wouldn't an increased corporate tax potentially drive corporations out of the South or overseas, further compounding our unemployment crisis?

Infrastructure is important, but 146 billion dollars is a lot of money out of the pockets of working class people, who stand to be the most hurt by this.

And once again, there were arguments last session about having too big of a surplus in the budget. Why not use what is already not being used?
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