Poll

Would you vote for more state or local taxes, if it meant that your state/local govt took less Federal funding?

Yes.
0 (0%)
Yes, if they agree to enough spending cuts.
3 (21.4%)
No. Starve the beasts.
11 (78.6%)

Total Members Voted: 14

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Author Topic: State and local taxes & federal funding  (Read 588 times)

Perd Hapley

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State and local taxes & federal funding
« on: November 03, 2016, 05:27:15 PM »
Let's say your state or local government agreed to take less (or no) federal funding, if voters agree to make up the revenue with state/local taxation. Would it be worth it, to ween your state off the federal teat?
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wmenorr67

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Re: State and local taxes & federal funding
« Reply #1 on: November 03, 2016, 05:29:35 PM »
NO, because now the federal income taxes that get kicked back would no longer be available.


What needs to happen is that all forms of government needs to actually work within a damn zero dollar budget, (I think it is the correct term), meaning that can't spend money until they have it.
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Re: State and local taxes & federal funding
« Reply #2 on: November 03, 2016, 07:27:34 PM »
Quote from: wmenorr67 on November 03, 2016, 05:29:35 PM
NO, because now the federal income taxes that get kicked back would no longer be available.


What needs to happen is that all forms of government needs to actually work within a damn zero dollar budget, (I think it is the correct term), meaning that can't spend money until they have it.


State of Iowa can't budget more than 99% of tax revenue. Means they have cover debt payments with the 99%. Yes they can issue bonds for projects, etc.
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