Thursday, May 28, 2009

right time for tax cuts

rappers

cutting corporate taxes

Rhode Island’s Governor Don Carcieri is trying to make the state more attractive for businesses, and buseiness people.  He has proposed a phasing out of the corporate tax, and a reduction of the personal income tax.  Social service advocates say now’s not the time to cut taxes, when everything else is tight.  Here’s what rappers think.
You betcha it’s time. The services that might get cut are mostly being given to ILLEGALS anyway, the truly needy are shunted off. So, cut the taxes so us hard working LEGAL RI residents can receive a break for a change!!
Bil from Warwick

Cut the taxes.  We need real jobs in this state.  not the restaurant jobs that pay minimum wage.  We drove off all the manufacturing jobs and now are paying the price.
Sailor

Sooooooo, you wonder why everyone is leaving (or trying) to leave RI….... the housing market is horrible, and that’s why some are STUCK here.  The taxes are through the ROOF…...other than you CAN’T sell your home…..... what other reason is there to Stay Here???
Carol m

I am so sick and tired of corporate America getting all the breaks! Yeah, lower our state income taxes but… eliminate the corporate tax all together. Please tell me why the people in charge squander all our money away and then we have to make it up! Yeah, that’s fair! Then they cut the programs for the aged, handicapped and poor instead of getting rid of state provided cars ( I believe that would save eleven million dollars alone)! state provided cell phones, get rid of the assistant’s assistant’s assistant and so on and so forth! It is so sad that they keep taking from the poor and giving to the rich! But hey, we live in the crookedest little state in the union. All I know is if they give us, Joe public a buck, that means they are filling the fat cats pockets to the hilt!  As far as more jobs, remember Regan’s trickle down theory? Yeah, right!
R.S., W.Greenwich

Why pay taxes to a State that pays themselves a salary to tell you they have managed and administrated a condition of out of money. fool me once fool me twice.
Zuke

I know it is counter-intuitive, but the last thing we should do is lower any taxes. What we need to do is fire the bums that got us into this financial mess, but Rhode Islanders don’t have the guts for that. As long as we keep re-electing the same incompetent boobs to our state and local governments, we will continue having the same problems. If we lowered the tax rate to zero, we would become Somalia. We need to get rid of the fools we keep electing and try to find someone that wants to fix RI instead of lining his own pockets.
Bill G, Cranston

Yes but I need to be convinced that a reduction should be enacted at this time; I can, however, be convinced of the immediate need for action now.  I think an incremental tax cut should be considered.  I’d suggest leaving taxes as they are, during this fiscal year: then, incrementally, over three years, until the desired level of taxation is reached.  As incentive to not waste three years, I would suggest businesses locating here, during this fiscal year and the next, be given an additional of a percentage (possibly 5 or 10 percent) of their third year tax reduction, to be applied to their tax bill in each of the ensuing 5 or 10 years.  This is a little more pragmatic approach to the problem.
Joe T, East Providence

They only way out of our financial mess it to cut taxes and draw business into our state rather than watching them run screaming for a better business advantage elsewhere.  Our elected officials love to spend the taxpayer money and hand out contracts that are unsustainable.  It is time for them to go or to curb their spending like the rest of us have had to do. I am not sure why they don’t get it, as they are supposed to be intelligent individuals. Maybe it is time to make all in government stand in the same lines their constituents do. Too many perks have made them think money grows on trees.
It is time to let the Governor govern and stop fighting him based on political party. He has the right idea.  The Dems in RI are the party of NO.  Save our state, don’t sink it.
Lee, Woonsocket