This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 mill

Thread starter SlevinKelevra
Start date Feb 19, 2015

S

SlevinKelevra

Sage

DP Veteran

Feb 19, 2015

#1

...ion debt payment

Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 million debt payment. - The Washington Post

To help close the state’s $283 million budget shortfall this year, Wisconsin Governor Scott Walker (R) plans to skip a $108 million debt payment scheduled for May.

<snip>

By missing the May payment, Walker will incur about $1.1 million in additional interest fees between 2015 and 2017. The $108 million debt will continue to live on the books; Walker’s budget proposal for 2015-2017 will pay down no more than about $18 million of the principal.

“This latest accounting gimmick kicks the can further down the road and will end up costing taxpayers millions more,” State Sen. Jennifer Shilling (D) said in a press release yesterday.

This is the champion of fiscal conservatism and responsible governance? Oh My. Defaulting on a payment, costing the taxpayers' kids more in the future. This is my complete lack of surprise.
Maybe if he just cut taxes some more?

rabbitcaebannog

DP Veteran

Feb 19, 2015

#2

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
...ion debt payment

Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 million debt payment. - The Washington Post

This is the champion of fiscal conservatism and responsible governance? Oh My. Defaulting on a payment, costing the taxpayers' kids more in the future. This is my complete lack of surprise.
Maybe if he just cut taxes some more?

He's doing as Norquist calls starving the beast. He wants to kill all government programs in order to privatize everything. It will make his wealthy contributors wealthier while hurting everyone else in his state. He's a perfect tool for them.

AliHajiSheik

DP Veteran

Feb 19, 2015

#3

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
...ion debt payment

Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 million debt payment. - The Washington Post

This is the champion of fiscal conservatism and responsible governance? Oh My. Defaulting on a payment, costing the taxpayers' kids more in the future. This is my complete lack of surprise.
Maybe if he just cut taxes some more?

Are there any other governments that the Washington Post is reporting on?

S

SlevinKelevra

Sage

DP Veteran

Feb 19, 2015

#4

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

AliHajiSheik said:
Are there any other governments that the Washington Post is reporting on?

Washington Post: Breaking News, World, US, DC News & Analysis considering the top story at the moment is on the Ukraine, I'd guess so.

Are there any deflections you won't use?

S

SlevinKelevra

Sage

DP Veteran

Feb 19, 2015

#5

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

rabbitcaebannog said:
He's doing as Norquist calls starving the beast. He wants to kill all government programs in order to privatize everything. It will make his wealthy contributors wealthier while hurting everyone else in his state. He's a perfect tool for them.

cui bono?

AliHajiSheik

DP Veteran

Feb 19, 2015

#6

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
Washington Post: Breaking News, World, US, DC News & Analysis considering the top story at the moment is on the Ukraine, I'd guess so.

Are there any deflections you won't use?

Did you stop beating your wife? That's a cool one.

How about the Washington Post do a story about how the state governments are doing in all the 50 states rather than singling out one state who has a governor who may run for President? Most of the time no one cares what happens in Wisconsin, what is the agenda now?

rabbitcaebannog

DP Veteran

Feb 19, 2015

#7

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
cui bono?

His wealthy contributors. The same ones who preach market fundamentalism in publications such as the Heritage Foundation.

chad1389

Banned

Feb 19, 2015

#8

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

And yet the debt that Obama continues to let bigger daily goes unheard of in leftist circles, unless of course Bush is brought up, because as we all know, it's always his fault. This might be his as well. Who knows? Maybe the left?

Jack Fabulous

Friend Zone

DP Veteran

Feb 19, 2015

#9

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

AliHajiSheik said:
Are there any other governments that the Washington Post is reporting on?

I'm afraid it's going to be hit piece after hit piece until election day or until the day he is no longer a candidate. Whichever comes first.

The stories will be written and the little partisans will get all riled up and huff and puff and point their fingers seemingly oblivious to the fact that their own candidate's closets are bursting at the seams...

Gotta love elections.:lol:

S

SlevinKelevra

Sage

DP Veteran

Feb 19, 2015

#10

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

chad1389 said:
And yet the debt that Obama continues to let bigger daily goes unheard of in leftist circles, unless of course Bush is brought up, because as we all know, it's always his fault. This might be his as well. Who knows? Maybe the left?

What a germane rebuttal.

B

Blue_State

DP Veteran

Feb 19, 2015

#11

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
...ion debt payment

Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 million debt payment. - The Washington Post

This is the champion of fiscal conservatism and responsible governance? Oh My. Defaulting on a payment, costing the taxpayers' kids more in the future. This is my complete lack of surprise.
Maybe if he just cut taxes some more?

He is paying down the debt. So he is not only reducing the debt, but I will assume he has a budget surplus in order to do that. It was also the same tactic used by previous administrations, but the difference is he is reducing the budget.

I may not have the whole story straight, so I am framing it up here.

He is reducing debt, we just don't like the way he is doing it? Is that right?

S

SlevinKelevra

Sage

DP Veteran

Feb 19, 2015

#12

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Blue_State said:
He is paying down the debt. So he is not only reducing the debt, but I will assume he has a budget surplus in order to do that. It was also the same tactic used by previous administrations, but the difference is he is reducing the budget.

I may not have the whole story straight, so I am framing it up here.

He is reducing debt, we just don't like the way he is doing it? Is that right?

From the article, that you obviously bothered to intentionally NOT READ before commenting

To help close the state’s $283 million budget shortfall this year, Wisconsin Governor Scott Walker (R) plans to skip a $108 million debt payment scheduled for May.

<snip>
By November last year, the administration was estimating a $132 million shortfall. In January, the non-partisan Legislative Fiscal Bureau pegged it at $283 million. The Bureau, which does research for the Wisconsin Legislature, explained that tax collections were $173 million worse than the administration’s own estimates in November.

B

Blue_State

DP Veteran

Feb 19, 2015

#13

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
From the article, that you obviously bothered to intentionally NOT READ before commenting

That is why I asked the question.

But this is the same tactic that was done by previous governors. Did you chastise them?

S

SlevinKelevra

Sage

DP Veteran

Feb 19, 2015

#14

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Blue_State said:
That is why I asked the question.

But this is the same tactic that was done by previous governors. Did you chastise them?

Citations needed

B

Blue_State

DP Veteran

Feb 19, 2015

#15

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
Citations needed

From the article, that you obviously bothered to intentionally NOT READ before commenting

Walker, a likely presidential candidate whose campaign message rooted in Wisconsin’s fiscal record, has been struggling to balance the budget in his home state before the June 30 deadline. Pushing off debt payments is one tactic that he and predecessors have used in the past.

Renae

Banned

Suspended

DP Veteran

Feb 19, 2015

#16

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

rabbitcaebannog said:
He's doing as Norquist calls starving the beast. He wants to kill all government programs in order to privatize everything. It will make his wealthy contributors wealthier while hurting everyone else in his state. He's a perfect tool for them.

As opposed to taxing everyone into poverty?

S

SlevinKelevra

Sage

DP Veteran

Feb 19, 2015

#17

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Blue_State said:
From the article, that you obviously bothered to intentionally NOT READ before commenting

Veey good. I got you to read it after all.

Considering I joined here during his term, and I just learned about this today, no I have not criticised his predecessors

rabbitcaebannog

DP Veteran

Feb 19, 2015

#18

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

MrVicchio said:
As opposed to taxing everyone into poverty?

The fastest way to poverty for the middle class is to privatize everything.

Kal'Stang

Banned

DP Veteran

Feb 19, 2015

#19

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

rabbitcaebannog said:
The fastest way to poverty for the middle class is to privatize everything.

How do you figure?

beefheart

Ice Cream for Crow?

DP Veteran

Feb 19, 2015

#20

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
...ion debt payment

Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 million debt payment. - The Washington Post

This is the champion of fiscal conservatism and responsible governance? Oh My. Defaulting on a payment, costing the taxpayers' kids more in the future. This is my complete lack of surprise.
Maybe if he just cut taxes some more?

Typical, just keep passing the buck to whoever gets the job next. Pay your damned bills, we have to, so should the states.

rabbitcaebannog

DP Veteran

Feb 19, 2015

#21

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Kal'Stang said:
How do you figure?

The privatized scheme was tried in Chile under the Chicago Boys and Pinochet. At the time the country was experiencing poverty around the same as our own. Once they enacted their goals half the country plunged into poverty. It was only after the country started to put back into place social safety nets they had dismantle, many were able to climb out of poverty and back to the ranks of the middle class.

Renae

Banned

Suspended

DP Veteran

Feb 19, 2015

#22

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

rabbitcaebannog said:
The fastest way to poverty for the middle class is to privatize everything.

Privatizing is less costly ergo less taxes ergo more money and jobs for the middle class to fill.

Renae

Banned

Suspended

DP Veteran

Feb 19, 2015

#23

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

rabbitcaebannog said:
The privatized scheme was tried in Chile under the Chicago Boys and Pinochet. At the time the country was experiencing poverty around the same as our own. Once they enacted their goals half the country plunged into poverty. It was only after the country started to put back into place social safety nets they had dismantle, many were able to climb out of poverty and back to the ranks of the middle class.

Really? Chile? /boggle

rabbitcaebannog

DP Veteran

Feb 19, 2015

#24

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

MrVicchio said:
Privatizing is less costly ergo less taxes ergo more money and jobs for the middle class to fill.

You pay taxes to cover a whole host of necessary services. Privatizing them for those who can afford them is not going to get the middle class very far.

rabbitcaebannog

DP Veteran

Feb 19, 2015

#25

Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

MrVicchio said:
Really? Chile? /boggle

Those who ignore history are bound to repeat it.

You must log in or register to reply here.

Share:

Facebook Twitter Reddit WhatsApp