Tuesday, June 10, 2003
 
Close The Loopholes So They Can Open New Ones

Missouri legislators (Republicans) are battling the Missouri governor (Democrat) over the current state budget. He's vetoed the budget bills they've sent him because those bills cut spending to match the incoming revenue. Instead, the governor wants them to increase taxes to meet the required outlay. If you've read this blog for any length of time (i.e., you're not just here because Google spit it out when you looked for EVA MENDEZ or MONICA BELLUCCI HOT PIX), you know whom I favor in this battle.

One thing worth noting in this particular bout of sensibility versus deliver-the-goods-so-I-can-get-elected-Senator-ability is that a "non-partisan" group called something like Committee for State Education Security has "coincidentally" released a report that some of the largest corporations in the state are paying nothing in corporate tax every year. No Sputnik, Sherlokov.

After all, whenever one of those large corporations ponders a move to the unspoiled wild tax breaks of Illinois for its production facilities, what's a poor bunch of legislators to do but promise tax credits, no corporate taxes, a free stadium, and free car washes for corporate executives? These same tax breaks mean that the corporations pay less taxes? Say it ain't so! Apparently it's good enough that these corporations employ workers who will pay taxes, enough so to unfairly burden those workers with the tax load until such time that the workers cannot provide statewide Meat on Streets programs to ensure every stray dog can eat New York Strip steak. When one puppy goes hungry, it's time to soak the greedy corporations.

The state government, through its successive crises, robs Peter to pay Paul, and then burglarizes Paul's house when he's out spending the money. Further proof that Keynes' balancing wheel is a little wobbly.

- posted by Brian J. @ 11:06 PM
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