US States Fiscal Issues

True, I was more referring to the sales tax.

Kansas' Gov. Sam "The Laffer Curve Totes Works" Brownback just announced another $44.5 million cut to the state's education budget.

He made the announcement as the state finally passed legislation that plugged the $344 million hole in state's budget for this year. To give a sense of how jacked Kansas' budget process has been, the budget the legislature just passed was for the current fiscal year, which ends in four months.

However in January the state announced that tax revenue fell $47 million short of expectations, meaning the state's education budget had to be hacked again.

Kansas expects at least a $600 million budget shortage for next year.

And all of this is taking place in a world where the Kansas State Supreme Court found that the state's funding for education has been unconstitutional since 2009 because it wasn't meeting the basic requirements enumerated in Kansas' constitution.

Last year in Alabama we had a massive budget deficit that caused severe cuts to services around the state and getting any of the legislature to agree on a fix was impossible. For this year's budget they've decided to increase teacher pay and institute some small business tax cuts. I have no clue how they think this isn't going to result in even more financial problems this fall.

Already, the state of Louisiana had gutted university spending and depleted its rainy-day funds. It had cut 30,000 employees and furloughed others. It had slashed the number of child services staffers, including those devoted to foster family recruitment, and young abuse victims for the first time were spending nights at government offices.

And then, the state’s new governor, John Bel Edwards (D), came on TV and said the worst was yet to come.

Edwards, in a prime-time address on Feb. 11, said he’d learned of “devastating facts” about the extent of the state’s budget shortfall and said that Louisiana was plunging into a “historic fiscal crisis.” Despite all the cuts of the previous years, the nation’s second-poorest state still needed nearly $3 billion — almost $650 per person — just to maintain its regular services over the next 16 months. Edwards gave the state’s lawmakers three weeks to figure out a solution, a period that expires March 9 with no clear answer in reach.

Louisiana stands at the brink of economic disaster. Without sharp and painful tax increases in the coming weeks, the government will cease to offer many of its vital services, including education opportunities and certain programs for the needy. A few universities will shut down and declare bankruptcy. Graduations will be canceled. Students will lose scholarships. Select hospitals will close. Patients will lose funding for treatment of disabilities. Some reports of child abuse will go uninvestigated.

Hey look, more Republican "cut taxes at all costs" budgeting strategy at work.

I don't understand... If you cut taxes, then tax income goes up, right? And you can afford more services.

First thing they need to do is to zero out the lawmaker's salaries...

From the same article:

This year, Louisiana has doled out $210 million more to corporations in the form of credits and subsidies than it has collected from them in taxes.

This wasn't fiscal ideology clashing with practicality. It was theft. Even the goons pointing at the Laffer Curve don't point left of the damn origin.

I hear those kinds of incentives referred to as "long term investments" all the time. Alabama has been luring auto manufacturers to the state for years now by basically allowing them to operate here tax free. Most of the time it's equates to paying them tax money to lower our unemployment percentages but that's about it.