tag:blogger.com,1999:blog-7183447461205976739.post5724083459453299163..comments2024-02-26T17:13:18.702-06:00Comments on DemoCurmudgeon: Walker attacks Lower and Middle Class with repeal of state income tax, a bad idea in 9 other States. Democurmudgeonhttp://www.blogger.com/profile/16336177394503335112noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7183447461205976739.post-54984197685431129562013-12-20T09:29:45.816-06:002013-12-20T09:29:45.816-06:00A rough calculation indicates that the state sales...A rough calculation indicates that the state sales tax would need to be boosted to the 13%-15% range, or more if the corporate tax is lowered or eliminated. That means you can lop another 8%-10% off demand in a state in which wages are already falling. Making the lowest paid citizens absorb the greatest tax increase is indeed a zero sum game. It will be interesting to see which economist whores will be trotted out to proclaim the benefits of this policy.<br /><br />Retail businesses in our border states will be ecstatic over all the new customers thanks to our genius Governor and the imbeciles in the Republican party. 'Escape from Wisconsin' will become their dominant advertising theme.Garethnoreply@blogger.comtag:blogger.com,1999:blog-7183447461205976739.post-68783761811707059762013-12-19T11:58:05.100-06:002013-12-19T11:58:05.100-06:00Also a fun fact, 3 of the top 4 states for having ...Also a fun fact, 3 of the top 4 states for having people with no health insurance are states with no income tax. There are only 7 states with no income tax. I'll leave it up to you to fill in the blanks.<br /><br /> Also, many of those no-income tax states collect big royalties on minerals, oil, and related mining activities (think Texass, S. Dakota, Alaska, and Wyoming). After all the money GTAC has poured into Walker's campaign, you think that would happen here? HAH!<br /><br /> Get ready for that 13% tax on food.Jake formerly of the LPhttps://www.blogger.com/profile/15660401299391001751noreply@blogger.com