How can a state on the verge of bankruptcy raise taxes?

1.Businesses have already started leaving or folding. Don't you think to stimulate an economy we should cut taxes and make a state "business friendly?" People are, losing their homes and jobs, so who will bear this burden? 2.Wouldn't we employ more people if we can keep businesses in our state? 3. Wouldn't cutting even more taxes in our country stimulate even more growth and employment so that we would not have to rely on the government for health care? 4. What about privatization of services? Yup, Wild man, you guessed it, and we are going down in flames! Lisa: Michigan wants to tax services, LaSalle Bank and Comerica left. Small business services will really feel it. So more jobs lost!

Asked By: Moody Red - 9/25/2007
Best Answer - Chosen by Asker
If it's here in Massachusetts, the answer is with ease... More
Answered By: SteveA8 - 9/25/2007
Additional Answers (13)
Apparently Governor Scwarzeneggar is making headway with these same issues in Cal-ee-fornia.
Answered By: stev - 9/25/2007
Answered By: WILDMAN - 9/25/2007
You sound like your in Michigan, with a democrat Governor I might add... More
Answered By: libsticker - 9/25/2007
I was also going to guess Michigan. This country is bleeding jobs that have gone to the third world for cheap labor and no standards. Good paying jobs are the answer to all of those problems.
Answered By: Paula Revere - 9/25/2007
Great question. You need to head over to Hillary's site and post this... More
Answered By: suthrnlyts - 9/25/2007
1. They are offering HUGE tax breaks to businesses... More
Answered By: Lisa M - 9/25/2007
Lib's think what is yours is not yours but theirs.
Answered By: truth - 9/25/2007
Totally agree... More
Answered By: gabykawa - 9/25/2007
Illinois does the same... More
Answered By: Philip H - 9/25/2007
I know the tactic of raising taxes seems to make no sense, but like I tell the kids, "there is nothing common about having sense"
Answered By: - 9/25/2007
I couldn't agree more. I live in Michigan, and this once thriving state is being bled-dry. The auto industry, once the envy of the world and the "Arsenal of Democracy" is crumbling. The rest of the state is tied to them, and we're all going down. We need a Governor that realizes that raising taxes is the LAST thing... More
Answered By: rduke88 - 9/25/2007
in your case,your state should eliminate as many taxes as possible,lower the minimum wage,make people already vested in government work retire,make felons in prison do free work in chain gangs to clean forests and woods,clean river and streams out,repair all roads
Answered By: man_marathon - 9/25/2007
The problem is that Government do not think of cutting expenses. They do not ask the department head to cut 5%. Instead government makes excuses to increase their expenses. This makes bad decision to build a business in a state.
Answered By: David_the_Great - 9/25/2007
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