{"id":88574,"date":"2024-10-24T04:14:00","date_gmt":"2024-10-24T09:14:00","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=88574"},"modified":"2024-10-24T05:04:25","modified_gmt":"2024-10-24T10:04:25","slug":"were-1","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=88574","title":{"rendered":"We&#8217;re #1!"},"content":{"rendered":"\n<p>Joe Doakes, formerly of Como Park, emails:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>We&#8217;re Number 1!<br><br><a href=\"https:\/\/justthenews.com\/nation\/states\/center-square\/walz-minnesota-ranked-last-fiscal-policy-out-all-50-states\">Viewed from the bottom up, that is<\/a>.\u00a0 \u00a0Or you might say, &#8220;dead last.&#8221;\u00a0 Potato, potahto.<\/p>\n\n\n<\/blockquote>\n\n\n\n<p>It&#8217;s talking about fiscal policy and, well&#8230;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>A newly released analysis of fiscal policy ranked all 50 states with Iowa Gov. Kim Reynolds\u2019 state coming in first and Democratic Vice Presidential Nominee and Minnesota Gov. Tim Walz in last.<\/p>\n\n\n\n<p>The libertarian Cato Institute released the\u00a0<a href=\"https:\/\/www.cato.org\/white-paper\/fiscal-policy-report-card-americas-governors-2024#indiana-montana\">report<\/a>, which graded states by spending, revenue and taxes. The top ten states in the rankings starting at the top are Iowa, Nebraska, West Virginia, Arkansas, South Dakota, Montana, Hawaii, Georgia, Idaho, and Vermont&#8230;<\/p>\n<div class=\"node__text node__text--long node__text--full-article\">\n<div class=\"text-long\">\n<p>In 2019, Walz\u2019s budget would have added \u2018$2 billion more in new spending and taxes would increase by $1.3 billion to pay for it, with the rest of the money coming from an existing surplus.\u2019 But he compromised with the legislature, and the final tax increase was about $330 million annually. Walz also pushed for higher gas taxes and higher vehicle fees to raise about $1 billion annually for transportation, but those increases were rejected.<\/p>\n<p>Walz pushed for more tax hikes in 2021. He proposed adding a new individual income tax rate of 10.85 percent above the current top rate of 9.85 percent, a surtax on capital gains and dividends, and a hike to the corporate tax rate from 9.8 percent to 11.25 percent. The proposals\u2014which would have raised about $1.6 billion annually\u2014were rejected by the legislature&#8230;<\/p>\n<p>Walz hit the middle class with HF 2887, which raised taxes and fees on vehicles and transportation. The increases included indexing the gas tax for inflation, increasing vehicle registration taxes, raising fees on deliveries, and raising sales taxes in the Twin Cities area.<\/p>\n<\/div>\n<\/div>\n<div class=\"node__post-content\">\n<div class=\"ad ad--outbrain\">\n<div class=\"ob-smartfeed-wrapper feedIdx-0\">\n<div id=\"outbrain_widget_0\" class=\"OUTBRAIN\" data-src=\"DROP_PERMALINK_HERE\" data-widget-id=\"GS_1\" data-ob-mark=\"true\" data-browser=\"chrome\" data-os=\"macintel\" data-dynload=\"\" data-idx=\"0\">\n<div class=\"ob-widget ob-feed-layout GS_1\">\n<div class=\"ob-widget-header\">\u00a0<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>\u00a0<\/p>\n<\/blockquote>\n\n\n\n<p>No choking in the finals in<em> this <\/em>contest&#8230;<\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>Joe Doakes, formerly of Como Park, emails: It&#8217;s talking about fiscal policy and, well&#8230; No choking in the finals in this contest&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[469,57,425,20,320,51,123],"tags":[472],"class_list":["post-88574","post","type-post","status-publish","format-standard","hentry","category-biden-campaign-defenestration","category-economy-and-the-market","category-campaign-24","category-democrats","category-mndfl","category-liberal-tyranny","category-taxes","tag-walz-for-vp"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/88574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88574"}],"version-history":[{"count":1,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/88574\/revisions"}],"predecessor-version":[{"id":88575,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/88574\/revisions\/88575"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88574"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}