The Dayton Dust Bowl: Hope Is Not A Strategy

Last but not least, if you are Dayton’s choice for Budget Commissioner, good luck solving the deficit with this plan, especially when the last line in the document is: “That leaves me $635.4 million to go.”

Now, bear in mind that 635 million is roughly 1.5 times larger than the immense tax hike the Dems were able to pass in the 2008 session, when they controlled both houses, in a year when the Dems had a huuuuge tailwind, with immense political cost to themselves.

And they want to enact this after passing a tax hike that was ten times as large as the one that they managed in 2008.

With a huge tailwind.

And control of both houses.

Against minimal organized opposition, other than the against-the-ropes GOP.

Simple fact:  Mark Dayton’s entire “plan” is based on the vacuous, vaporous idea that “taxing the rich” – who are largely not “rich” – can by itself balance the budget.  Even under ideal circumstances – meaning “Dayton gets exactly what he proposes” – it can not work.

Dayton will not get exactly what he wants.  Even if the DFL retains control of both chambers – and it likely will not – they can not pass a budget ten times as large as the divisive, controversial budget they passed in 2008; there will still be a huge deficit, while will require an expansion of the defnition of “the rich”.  Which will, in turn, kill more jobs and drive more layoffs and lead to less revenue…

…and it’s a moot point.  Dayton is likely going to lose the House this year; if (heaven forfend) he’s elected, he will face fierce GOP opposition in both chambers, and a populace that’s doesn’t even know how shell-shocked the Obama Tax Hikes are going to gut-shoot it.

So if Dayton is (heaven forfend) elected, the best he can hope for is complete, utter gridlock that will leave the deficit to be dealt with by more fee-juggling and accounting jiggery-pokery, even as Dayton is forced to pay off his chits to his constituents; jacking up union hiring, pouring more money we don’t have into our education system.

Even under the “best” circumstances, the Dayton budget is a complete waste of time.

At worst, it’ll multiply the very problem it’s supposed to “fix”.

This is the Dayton “Plan”.

In a state with a functioning news media, it would be the subject of acerbic fact-checking and  muted ridicule.

Since the only real functional news media in this state is the conservative alternative media, allow me to begin the ridicule right here.

Coming up at 3PM:  That Big Brown Cloud Coming In From The West.

Check out the Dayton Budget “Plan” for yourself!  Find another howler?  Leave it in the comments!

6 thoughts on “The Dayton Dust Bowl: Hope Is Not A Strategy

  1. “At worst, it’ll multiply the very problem it’s supposed to “fix”.

    As is the SOP of the liberats. Add to this, for every problem that they “fix”, they create ten more!

  2. That Big Brown Cloud Coming In From The West.
    Did Big MAK have Mexican for dinner last night?

  3. Based upon the most recent MN Department of Revenue’s Tax Incidence Study, if the richest 10% of Minnesota households paid the same percentage of their incomes in state and local taxes as the rest of taxpayers, they would provide $3.8 billion in additional revenues for the current biennium and, by extrapolation, over $4 billion in the next biennium.

    According to the MN tax tables, couples who make over $131k/yr are taxed at 146% of couples who make no more than $33,280. What the Hell is Dayton talking about?

    Rate

    Married joint

    Married separate

    More than

    But not more than

    More than

    But not more than

    5.35 percent

    $0

    $33,280

    $0

    $16,640

    7.05 percent

    $33,280

    $132,220

    $16, 640

    $66,110

    7.85 percent

    $132,220

    $66,110

  4. I like the claim that Dayton’s campaign doesn’t have computer modeling capability–but then they claim what’s going to happen with their tax plan. Um, Mark, sometimes, ya gotta do the math!

    Other tax abominations:

    * eliminating tax subtractions for foreign income–yeah, taxing income twice will sure encourage companies to do business here!

    * assumption that a state owned casino would bring in revenue–didn’t the Taxpayers’ League find studies that pointed out that states actually lose money on gambling due to side costs of the same?

    * the implicit assumption that he can change the incentives for living and working here without changing the outcomes

  5. “What the Hell is Dayton talking about? ”

    That the oft cited Tax Incidence Study. It looks at all state and local taxes to see who pays how much based on their income. Lefty’s frequently use it to claim that the rich don’t pay their fair share, because it shows that the top 10% pay a smaller percentage of their income in state and local taxes, then other groups.

    Conveniently, it doesn’t include federal income tax

    It’s an interesting read.

    http://taxes.state.mn.us/legal_policy/Documents/other_supporting_content_2009_tax_incidence_study_links.pdf

    Page 69

    “Minnesota was among the less regressive states” #11
    “Minnesota’s income tax is one of the most progressive”
    “Minnesota also has one of the most generous refundable income tax credits for low income households”.

  6. Pingback: Shot in the Dark » Blog Archive » The Dayton Dustbowl: Really Really Dead Dead Dead On Arrival

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.