Bohica!!! (Milwaukee, Dakota, Wyoming: sales, rent, how much)

[EnjoyEP]

Originally Posted by quijote

I agree that Wisconsin's taxes are generally higher than taxes in many other states, [b]but lower taxes and fees alone won't necessarily bring businesses to the state

,

Maybe not, but it sure would help quite a bit - people would be amazed and surprised.

Originally Posted by quijote

particularly if loss of tax revenue leads to other problems.

With respect (and quijote you are one of my favorite posters), I just disagree with this attitude. History has shown time and time and time again - both state-wide and nationally - that when taxes are LOWERED (especially on business), tax revenue INCREASES.

Why? More businesses equal more jobs equal more tax dollars spent by working employees. Businesses already here have more money to invest in their company, spend on vendors etc., hire more employees...again, more tax revenues to thus be paid out. And of course...while the existing number of companies might be paying a smaller tax rate, as businesses come into the state (or expand), the bigger the business base in which taxes are paid.

[Ron Burgundy]

Originally Posted by EnjoyEP

With respect (and quijote you are one of my favorite posters), I just disagree with this attitude. History has shown time and time and time again - both state-wide and nationally - that when taxes are LOWERED (especially on business), tax revenue INCREASES.

This is by no means a universal tenet. You could just as easily list times when taxes are LOWERED that there have also been DECREASES in tax revenue (just ask GWB). Simply stating that lower taxes time and time again equals a tax revenue increase is just another hollow conservative talking point. The point is to find the critical medium between the two. I assure you, this is not something that only one side of the political spectrum is concerned with.

[ccjarider]

Originally Posted by Ron Burgundy

This is by no means a universal tenet. You could just as easily list times when taxes are LOWERED that there have also been DECREASES in tax revenue (just ask GWB). Simply stating that lower taxes time and time again equals a tax revenue increase is just another hollow conservative talking point. The point is to find the critical medium between the two. I assure you, this is not something that only one side of the political spectrum is concerned with.

Perhaps to a small degree - but it is insulting to say this is just a conservative talking point. Throughout history this has been proven to happen (Sure there examples where, combined with extenuating circumstances, it did not happen) but for the most part this is a valid concept.

Despite trying for hundreds of years, bureacrats cannot change human behavior, which is to strive for improvement of self and family via private enterprise.

No one with any thinking ability whatsoever, can state increasing taxes benefits WI economy.

[Geechie North]

Originally Posted by Milwaukee City

Well for those who don't know what BOHICA means get ready to. I can't believe all the people that voted for dem's and Doyle and some republicans too, haven't put two and two together when it comes to fee increases and taxes. Wisconsin is one of the highest taxed states and for taxes that aren't the highest well they are in the "middle of the road" taxes. We don't have a single tax that is "wow" that's a low tax. Gov. Doyle has ruined this state and more business continue to move out and us the voters don't seem to care.

I don't know how many people voted for Doyle or Republicans and as soon as the race is over they go back to their lives and start complaining about taxes and fees and cost of licensing in this state. Tax hikes or fee increases are about as common as speed traps in this state...everywhere!!!

So here is the latest installment of Bend Over Here It Comes Again. Don't worry many more will continue to come as WI is -6.6 billion compared to North Dakota's 400 million+ budget.

7% electric rate increase proposed - JSOnline

Property taxes set to increase - WKOW 27: Madison, WI Breaking News, Weather and Sports

New state budget permits car rental fee to soar 800% - JSOnline

This really belongs in Politics section.


But...............

The basis for the story, that Wisconsin is one of "The most taxed states" is a commonly repeated (on the right) bit of misinfo.

When ALL taxes, fees (like library fees, toll roads, etc), and special assessments (so you can call a cop and expect him/her to arrive in less than 20 minutes or so) are included, Wisconsin ranks in the middle of the pack (24th) of the 50 states.

Besides, lets look at taxes and quality of life:

Arkansas is a low tax state; so in South Carolina.

They are also rock bottom in quality of life measures.

And that's the overall lesson: poor public services affect the average person.

Anyway, back to life in Wisconsin..................

[Milwaukee City]

Besides, lets look at taxes and quality of life:

Arkansas is a low tax state; so in South Carolina.

They are also rock bottom in quality of life measures.

and so is Texas, Wyoming, Idaho, Montana, North and South Dakota, yup Texas is just the pitts.

give me a break!!!

[quijote]

Originally Posted by ccjarider

Perhaps to a small degree - but it is insulting to say this is just a conservative talking point. Throughout history this has been proven to happen (Sure there examples where, combined with extenuating circumstances, it did not happen) but for the most part this is a valid concept.

All circumstances are extenuating, so I only agree with EP's claim to some extent. There are examples throughout history of high-tax and even socialist/semi-socialist states which have managed to foster great economic growth. In these cases, a strong, centralized government manipulated national and world markets in order to achieve economic success.

In the case of the United States, lowish taxes have often (though not always) helped foster economic growth, but it never would have happened if the U.S. didn't participate and triumph in a couple of global wars, and if the U.S. hadn't been involved in anti-competitive business practices at home (railroad, shipping, banking in the 19th century) and abroad (fruit in Latin America, etc.). Cheap labor, lax employment rules, and a high tolerance for rural poverty also helped. In fact, if the U.S. had had somewhat higher taxes during the years 1860-1960, I doubt the economic and business profile would have been much different from what it was.

Lowish taxes have worked well for a U.S. in political/military/geographic expansion mode, but I'm not sure the same formulas apply in an era of (at best) stagnant geopolitical power and Chinese ascendancy. It's sort of like the caveats provided by stockbrokers: "past performance does not necessarily indicate future performance."

Despite trying for hundreds of years, bureacrats cannot change human behavior, which is to strive for improvement of self and family via private enterprise.

No one with any thinking ability whatsoever, can state increasing taxes benefits WI economy.

I don't claim to have any thinking ability, but the state/government is theoretically nothing more than a mechanism for individuals to effect collective measures and policies. If 100% percent of tax money (including revenue from tax increases) were invested in state-based enterprise (including private enterprise) with high likelihood of growth and economic return, then yes, taxes and tax increases would benefit the state economy.

Obviously, this is hypothetical, as tax money is generally disbursed for purposes that don't necessarily generate revenue. But that doesn't mean it can't happen and that it hasn't happened in the past.

[ccjarider]

Originally Posted by quijote

Lowish taxes have worked well for a U.S. in political/military/geographic expansion mode, but I'm not sure the same formulas apply in an era of (at best) stagnant geopolitical power and Chinese ascendancy. It's sort of like the caveats provided by stockbrokers: "past performance does not necessarily indicate future performance."

First comment - I like that word "lowish"

Second comment - It is precisely times like this that increasing the incentive for risk taking and entrepreneurship (low tax) is necessary to get business investing again.

This recession is a classic example. The Obama administration is delaying any turnaround by continuing to communicate through it's loony lackies that gov't will find new revenue to fund the social idealogies of the left. No one in their right mind will take business risk in an environement like this.

One can already see that this guy is going down in history as the Carter of the 21st century.

[JoshB]

Originally Posted by Geechie North

This really belongs in Politics section.


But...............

The basis for the story, that Wisconsin is one of "The most taxed states" is a commonly repeated (on the right) bit of misinfo.

When ALL taxes, fees (like library fees, toll roads, etc), and special assessments (so you can call a cop and expect him/her to arrive in less than 20 minutes or so) are included, Wisconsin ranks in the middle of the pack (24th) of the 50 states.

Besides, lets look at taxes and quality of life:

Arkansas is a low tax state; so in South Carolina.

They are also rock bottom in quality of life measures.

And that's the overall lesson: poor public services affect the average person.

Anyway, back to life in Wisconsin..................

Here in Columbia County we have 796 square miles and I'd like to chime in. I've been interning in order to become a deputy or officer for a local agency. Yesterday we had three guys covering that 796 square miles, one of the things deputies wish for is more deputies. Their is simply not enough. So even though we have high taxes we still don't have enough officers.

[quijote]

Originally Posted by ccjarider

First comment - I like that word "lowish"

Second comment - It is precisely times like this that increasing the incentive for risk taking and entrepreneurship (low tax) is necessary to get business investing again.

This recession is a classic example. The Obama administration is delaying any turnaround by continuing to communicate through it's loony lackies that gov't will find new revenue to fund the social idealogies of the left. No one in their right mind will take business risk in an environement like this.

One can already see that this guy is going down in history as the Carter of the 21st century.

I think he's angling to be more comparable to FDR: He seems to think a New Deal-type of initiative can jumpstart the economy. Carter didn't have such grand ambitions, nor did he really need them at the time.

I wonder who dared to take business risks during the Roosevelt era?

[Milwaukee City]

This is a sign at Sammy's Taste of Chicago on S.106th Street in Milwaukee.