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12 States Where GOP Plans To Slash Corporate Taxes While Increasing Burden on Working Families

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1776Forever Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 12:05 PM
Original message
12 States Where GOP Plans To Slash Corporate Taxes While Increasing Burden on Working Families
Edited on Thu Mar-17-11 12:06 PM by 1776Forever
THINK PROGRESS REPORT: In 12 States GOP Plans To Slash Corporate Taxes While Increasing Burden on Working Families
Paul Breer and Kevin Donohoe

http://thinkprogress.org/2011/03/16/gop-state-corporate-tax-cuts/

ThinkProgress has been documenting conservative efforts to shift the burden of record budget shortfalls onto middle-class Americans, while simultaneously doling out tax cuts to corporations. While progressive governors have proposed raising revenue from those who can afford it, alongside painful cuts to programs, Republican governors have unveiled budgets that cut taxes for corporations and raise them on the middle-class and working poor. In this report, ThinkProgress evaluates the priorities conservatives have set in twelve states:

NEW JERSEY, MICHIGAN. GEORGIA, FLORIDA, OHIO, IOWA, PENNSYLVANIA, MAINE, WISCONSIN, SOUTH CAROLINA, ARIZONA, AND KANSAS: (READ MORE AT LINK)

Despite calling for “shared sacrifice” in their plans, Republican governors have yet to ask corporations to share the burden of record budget shortfalls. Ultimately, choosing big business over Main Street could undermine the already slow economic recovery. However, a Main Street Movement in many of these states has emerged to protest placing the burden of deficit reduction solely onto the backs of the middle-class and public employees.

........

Here they come - Can they be stopped?
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 12:07 PM
Response to Original message
1. Governor Voldemort has made it clear that he intends to slash the corporate rate
down to zero. It'll probably happen within two years.
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 12:13 PM
Response to Original message
2. K&R- Tom Corbett here in PA is cutting coprporate taxes and funding for education,
Edited on Thu Mar-17-11 12:13 PM by old mark
ranging from eliminating science programs in elementary schools to cutting funds for state universities by over 50%. They also want to gut the state environmental protection organization and roll back anti-puppy mill laws just passed last year.

mark
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Rambis Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 12:22 PM
Response to Reply #2
4.  Iowa Terry Braindead cut corp tax and de fund preschool
our city budget will be cut 38% roughly 400,000 $ and we are 36th or 42nd in corp tax rates to begin with.:mad:
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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 12:21 PM
Response to Original message
3. Lest we not forget the DEMOCRATIC Governors who plan to do the same: New York
Allowing the existing income surcharge to expire this year, and failure to regulate Wall Street, which is afterall, is in New York...
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1776Forever Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 12:28 PM
Response to Reply #3
6. In Ohio past Gov. Strickland held the budget together by not allowing these taxes to expire last
year and said if he had been elected he would do the same until the economy would come around so he didn't have to lay off thousands of workers. Kasich didn't really answer the question on whether he would do the same or not and as we now know, and yes most of us knew then, he has allowed them to go through. I would question why the Dem. Governor of New York is doing this now.
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grilled onions Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 12:24 PM
Response to Original message
5. We Used To Follow The Dotted Line...
Now all we have to do is follow the dollar signs. $$$$$$$$$$$$$$$$
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 10:22 PM
Response to Original message
7. K
:kick:
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Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-17-11 10:39 PM
Response to Original message
8. K & R
:thumbsup:
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