July 22, 2004

Tax and Spend

Bill Hobbs offers praise to the Nashville City Paper for finally getting the numbers right on Tennessee's tax surplus.

He also offers the following regarding the Tax Structure Study Commission whose report will be coming out after the election:

Unfortunately, the commission was set up from day one to examine only the revenue side of the equation. It has not spent one day looking at how spending has grown faster than the economy, outstripping the ability of taxpayers to pay for it. It is not spent one day examining the frequency with which the legislature and every governor since Lamar Alexander in 1985 has exceeded the state constitution's limit on the annual growth of spending, by a cumulative first-year total of more than $3 billion - including this year by $105.1 million. Nor has the commission spent one day investigating how various governors - including current Gov. Phil Bredesen - routinely spend surplus revenue in a process that appears to circumvent the state constitution.

And because it has not, the Tennessee Tax Structure Study Commission's report is worthless even before it is finished.

You're exactly right, but can we trust the media to ask the same tough questions of the Tax Commission's biased study? Of course not.

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HOW MUCH HAS THIS WAR COST ALREADY?
First Halliburton, now General Dynamics, Boeing, Grumman, Northrop and Colt's get onto the gravy train of warbucks
http://www.whitehouse.gov/news/releases/2004/07/20040721-7.html
Then all of Saddubya's friends can donate heaping piles of OUR money to his re-selection campaign war chest. Oh, that's right, he's flip-flopped again and now wants to be the "peace president." So they'll donate to his "peace chest."

Posted by: The Token Librul at July 22, 2004 04:11 PM