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Old 06-02-2016, 04:01 PM
 
Location: Ubique
4,319 posts, read 4,206,586 times
Reputation: 2822

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Quote:
Originally Posted by MrGompers View Post
I'm am specifically talking about business taxes in Kansas and NOT personal income taxes. You can find plenty of data and stories on the internet regarding the "business income pass thru loophole." Even the head coach of KU basketball's team who also happens to be the highest paid state employee in Kansas takes advantage of this loophole.

I do not care about Kansas and am tired of pointing out the obvious. If you or others fail to see the obvious then I can't help you. I would suggest you move to Kansas and experience it yourself. Double bonus points for moving with an elderly or disabled family member. Then you will really see how much they care about their citizens.
You are attacking Kansas, yet you don't seem to understand how economics work.

Economic policies take years, often times decades to exhibit themselves. As we have explained over and over, CT's negative trajectory has taken at least two decades. And still many here deny it.

In the meantime, same people can't wait more than 2-3 years to jump into the conclusions -- "see? Kansas cut taxes. Cutting Taxes is bad!!" Doesn't matter that oil prices crashed in the meantime (oil is a major factor in Kansas economy) -- cherry-picking facts to fit the agenda -- no, for you this is acceptable methodology?

But let's suppose that Kansas is bad -- Why don't you compare CT with a million other low-tax, business-friendly states, who have lowered taxed, reduced regulations and are booming? Heck, let's compare CT to MA, although we would still be comparing apples and cucumbers.

 
Old 06-02-2016, 05:43 PM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by RonaldusMagnus View Post
Unemployment rates:

CT: 5.7%
KS: 3.8%

Middle America has seen some fabulous job growth for an extended period of time. The Northeast has not. Nothing wrong with living here if you can overcome that stagnation. It will NOT change. It goes far beyond any recession. Getting past it requires "re-invention", which Massachusetts has been having some success in pursuing.
 
Old 06-02-2016, 07:13 PM
 
Location: Ubique
4,319 posts, read 4,206,586 times
Reputation: 2822
Quote:
Originally Posted by BobNJ1960 View Post
Middle America has seen some fabulous job growth for an extended period of time. The Northeast has not. Nothing wrong with living here if you can overcome that stagnation. It will NOT change. It goes far beyond any recession. Getting past it requires "re-invention", which Massachusetts has been having some success in pursuing.
Two hits to Middle America -- global oil price crash and manufacturing recession.

U.S. in longest manufacturing recession since 2009 - Mar. 1, 2016

Meanwhile, MA has built / re-invented itself into the Life Sciences and High Tech. Great jobs, high-paying jobs.

CT is making a grave mistake hitching itself onto Wall Street, which is built on a house of cards, literally. Fictitious money.
 
Old 06-02-2016, 07:28 PM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by Henry10 View Post
Two hits to Middle America -- global oil price crash and manufacturing recession.

U.S. in longest manufacturing recession since 2009 - Mar. 1, 2016

Meanwhile, MA has built / re-invented itself into the Life Sciences and High Tech. Great jobs, high-paying jobs.

CT is making a grave mistake hitching itself onto Wall Street, which is built on a house of cards, literally. Fictitious money.

Oil is Great Plains hit. not Mid America.


Ct has made too many mistakes to list, starting with an unfavorable climate for mfg, which while smaller than ever, is still a relevant sector in many states Ct has very little non "cost plus" mfg left. I like Massachusetts's transformation, but it should be on top of, not replacing mfg. Manufacturing has a stellar record of creating indirect jobs via the supply chain.
 
Old 06-02-2016, 07:38 PM
 
Location: Ubique
4,319 posts, read 4,206,586 times
Reputation: 2822
Quote:
Originally Posted by BobNJ1960 View Post
Oil is Great Plains hit. not Mid America.
I guess we meant two different things. For me middle America is anything between the two coasts. Roughly Vegas to Pittsburgh.
 
Old 06-02-2016, 07:45 PM
 
34,054 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by Henry10 View Post
I guess we meant two different things. For me middle America is anything between the two coasts. Roughly Vegas to Pittsburgh.

Economists differ on that, and there are many different economies in your definition. Great Plains has zilch in common with Vegas economically, or , for example, Overland Park, Ks which houses many corp hqs.


No different than saying Ct & Maine are one economy, as both are in New England. That would be inaccurate, too.
 
Old 06-02-2016, 08:19 PM
 
1,679 posts, read 3,017,510 times
Reputation: 1296
Apparently Malloy bribed another company from leaving.

Failed economic policies result in bailouts for the 1%. How do democrats justify this contradiction?

You can't eat the rich if they all leave!

Connecticut
 
Old 06-03-2016, 06:37 AM
 
Location: Riverside, CT
786 posts, read 824,262 times
Reputation: 353
Quote:
Originally Posted by hartford_renter View Post
Apparently Malloy bribed another company from leaving.

Failed economic policies result in bailouts for the 1%. How do democrats justify this contradiction?

You can't eat the rich if they all leave!

Connecticut
old news
 
Old 06-03-2016, 06:53 AM
 
789 posts, read 702,914 times
Reputation: 593
Quote:
Originally Posted by beerisgood02 View Post
old news
LOL, tough crowd. story was 36hrs old.
 
Old 06-03-2016, 10:43 AM
 
Location: Connecticut
34,933 posts, read 56,945,109 times
Reputation: 11228
Connecticut ranks 18th in the nation for growth of middle market companies. Not bad for a state that is supposedly so anti-business. Jay

CT ranks 18th for middle-market company growth | HartfordBusiness.com
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