Comments on: Good Tax Policy 1, Lobbyists 0 http://www.kirkwalsh.com/blog/2008/04/30/good-tax-policy-1-lobbyists-0/ Thu, 21 Aug 2008 19:21:36 +0000 http://wordpress.org/?v=2.6 By: Kirk Walsh http://www.kirkwalsh.com/blog/2008/04/30/good-tax-policy-1-lobbyists-0/#comment-5995 Kirk Walsh Thu, 01 May 2008 13:20:33 +0000 http://www.kirkwalsh.com/blog/?p=484#comment-5995 Mysti, I meant it purely in the legislative sense when I said "opponent". He was in opposition to the bill. I really don't have much to say about Sinquefield and don't really have any opinion of him. I just wanted to clarify that statement and say I wasn't implying anything with it. Mysti,

I meant it purely in the legislative sense when I said “opponent”. He was in opposition to the bill.

I really don’t have much to say about Sinquefield and don’t really have any opinion of him. I just wanted to clarify that statement and say I wasn’t implying anything with it.

]]> By: Mysti http://www.kirkwalsh.com/blog/2008/04/30/good-tax-policy-1-lobbyists-0/#comment-5994 Mysti Thu, 01 May 2008 13:11:57 +0000 http://www.kirkwalsh.com/blog/?p=484#comment-5994 Sinquefield is not the opponent...he is completely against this deal. He realizes how harmful it would be for the state. Whether or not people agree with his education reform ideas, that does not mean they need to see him as the opponent on everything. I happen to be a big supporter of his. I know he has the background to know what he is taling about. Either way, he does not support this bill as it stands. Sinquefield is not the opponent…he is completely against this deal. He realizes how harmful it would be for the state. Whether or not people agree with his education reform ideas, that does not mean they need to see him as the opponent on everything. I happen to be a big supporter of his. I know he has the background to know what he is taling about. Either way, he does not support this bill as it stands.

]]> By: Kirk Walsh http://www.kirkwalsh.com/blog/2008/04/30/good-tax-policy-1-lobbyists-0/#comment-5993 Kirk Walsh Thu, 01 May 2008 12:14:44 +0000 http://www.kirkwalsh.com/blog/?p=484#comment-5993 Will we see reduced services? I'd say definitely, even if the Lege says that it's a net gain. You can't give away $880 million and not reduce services. These tax credits often come back to bite states because they are so desperate to throw money at companies that there aren't many safeguards to keep companies from simply closing up shop when they get more money somewhere else. At least this time Missouri did say that Bombardier won't get incentives after they miss hiring targets. That hasn't been included in the past and companies have continued to get incentives even when they haven't kept the jobs here. And the opponents should get some credit for at least winning one battle. My guess is that they'll lose the war, but for one day they can stand proud that they stood up and won. Will we see reduced services? I’d say definitely, even if the Lege says that it’s a net gain. You can’t give away $880 million and not reduce services. These tax credits often come back to bite states because they are so desperate to throw money at companies that there aren’t many safeguards to keep companies from simply closing up shop when they get more money somewhere else.

At least this time Missouri did say that Bombardier won’t get incentives after they miss hiring targets. That hasn’t been included in the past and companies have continued to get incentives even when they haven’t kept the jobs here.

And the opponents should get some credit for at least winning one battle. My guess is that they’ll lose the war, but for one day they can stand proud that they stood up and won.

]]> By: Jackson http://www.kirkwalsh.com/blog/2008/04/30/good-tax-policy-1-lobbyists-0/#comment-5991 Jackson Thu, 01 May 2008 03:35:42 +0000 http://www.kirkwalsh.com/blog/?p=484#comment-5991 Wait a minute, if you are going to give debits to those lobbying for the Bombardier deal shouldn't Sinquefield and his lobbyist get credits? Seems only fair and besides, it would aggravate the hell out of a lot of people. Wait a minute, if you are going to give debits to those lobbying for the Bombardier deal shouldn’t Sinquefield and his lobbyist get credits?

Seems only fair and besides, it would aggravate the hell out of a lot of people.

]]> By: calle http://www.kirkwalsh.com/blog/2008/04/30/good-tax-policy-1-lobbyists-0/#comment-5990 calle Thu, 01 May 2008 00:08:40 +0000 http://www.kirkwalsh.com/blog/?p=484#comment-5990 This is classic Bombardier of you look in to their tactics for the last decade or so--and classic corporate welfare--ask for an inordinate amount of tax security (which is, of course, always at the expense of the people who would ostensibly benefit). The trend is to come back asking for more, and with an initial investment like this, Missourians would be hard pressed to not agree! It would be our loss, and we'd try to recover it. I say keep Missouri tax incentives in Missouri. Let Bombardier come here because of the allure of the devalued dollar. We have no business stretching the budget like this! This is classic Bombardier of you look in to their tactics for the last decade or so–and classic corporate welfare–ask for an inordinate amount of tax security (which is, of course, always at the expense of the people who would ostensibly benefit). The trend is to come back asking for more, and with an initial investment like this, Missourians would be hard pressed to not agree! It would be our loss, and we’d try to recover it. I say keep Missouri tax incentives in Missouri. Let Bombardier come here because of the allure of the devalued dollar. We have no business stretching the budget like this!

]]> By: Mysti http://www.kirkwalsh.com/blog/2008/04/30/good-tax-policy-1-lobbyists-0/#comment-5989 Mysti Wed, 30 Apr 2008 18:03:13 +0000 http://www.kirkwalsh.com/blog/?p=484#comment-5989 Lets all hope and pray this does not somehow get passed in some way or another. I am fearful of what would happen if it did...would my personal taxes go up to offset the decreases in money coming in? Or will services take cuts? Its not like we have not seen major cuts in the recent years...can we handle any more? I don't think so. Lets all hope and pray this does not somehow get passed in some way or another. I am fearful of what would happen if it did…would my personal taxes go up to offset the decreases in money coming in? Or will services take cuts? Its not like we have not seen major cuts in the recent years…can we handle any more? I don’t think so.

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