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Sunday, April 03, 2005

The revenue question

Do we have a problem with revenues or spending in this state? Late last night, I saw a TV commercial I had not seen before, advocating not raising taxes. The words "Tax and Spend" appeared on the screen (pretty subtle, eh?) and "Tax" was crossed out and over it was written "Growth", implying that if we just sit back and do nothing economic growth will take care of things. Sounds like voodoo economics to me. So who's behind it? In fine print at the bottom of the screen, it was attributed to what I believe to be the Minnesota Association of Realtors. But it was pretty fine print.

On the other side of the coin, today there is an article from former Republican governor Arne Carlson arguing that we do, in fact, have a problem with revenue. The percentage of the state's income that has been going to state and local government (also know as the "Cost of Government") has been decreasing in recent years. It's worth a read.

4 Comments:

At 1:01 PM, April 03, 2005, Anonymous Dave Hoffman said...

Also interesting was Arne's comment about setting aside all other non-budget issues (e.g. Gay marriage, gun contraol, etc.) until the budget is resolved.

 
At 11:57 PM, April 03, 2005, Anonymous Albert Lee said...

I've heard a similar add on the radio. I believe they were claiming an 8% yearly growth rate if no new taxes were inacted. The implication, by the very reasonable sounding voice, of course being that any new taxes would plunge us immediately into a dark age. It was sponsored by a business group, though I can't recall the exact name.

 
At 10:20 AM, April 05, 2005, Blogger Flash said...

A print ad in this AM STRIB confirms your ability to read squint print. The ad was paid for by the 'Minnesota Association of Realtors"

Flash

 
At 1:57 PM, April 06, 2005, Blogger rew said...

the sometimes Bachmann endorsers?

Wasn't eva talking about that?

 

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