The chances of Mr. Young actually getting elected are so low, that I tend to perceive him as a bit of a gadfly.<br><br>-Reggie<br><br><div class="gmail_quote">On Wed, Oct 27, 2010 at 1:13 PM, Art Deco <span dir="ltr"><<a href="mailto:deco@moscow.com">deco@moscow.com</a>></span> wrote:<br>
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<div><font size="2">I refer to my previous post about electing the terminally
dumb.</font></div>
<div><font size="2"></font> </div>
<div><font size="2">w.</font></div><div><div></div><div class="h5">
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<div style="font: 10pt arial;">----- Original Message ----- </div>
<div style="font: 10pt arial; background: none repeat scroll 0% 0% rgb(228, 228, 228);"><b>From:</b>
<a title="thansen@moscow.com" href="mailto:thansen@moscow.com" target="_blank">Tom Hansen</a>
</div>
<div style="font: 10pt arial;"><b>To:</b> <a title="vision2020@moscow.com" href="mailto:vision2020@moscow.com" target="_blank">Moscow Vision 2020</a> </div>
<div style="font: 10pt arial;"><b>Sent:</b> Wednesday, October 27, 2010 12:52
PM</div>
<div style="font: 10pt arial;"><b>Subject:</b> [Vision2020] Isaac Young and
State Income/Sales Tax</div>
<div><br></div>Greetings Visoinaires -<br><br>Since Isaac Young refused to
participate in KRFP's call-in debate last<br>night, I will post my questions
here . . . for open discussion.<br><br>On June 19, 2010 Isaac Young stated on
his Facebook page:<br><br>"We save money at the state level by limiting the
size of state<br>government. The money we save by doing this will allow us to
eliminate the<br>state income tax. Then every one is taxed fairly (sales tax)
by their life<br>style and how much they consume. By reducing the regulations
on all<br>business and streamlining the permit process, you are able to get
citizens<br>to work more quickly."<br><br><a href="http://www.facebook.com/pages/ILikeIke/112506065442567?ref=ts" target="_blank">http://www.facebook.com/pages/ILikeIke/112506065442567?ref=ts</a><br><br>-----------------------------<br>
<br>According
to the U.S. Census Bureau, the state of Idaho realized $1.3<br>billion in
state income tax revenue in 2009.<br><br><a href="http://www.census.gov/govs/statetax/0913idstax.html" target="_blank">http://www.census.gov/govs/statetax/0913idstax.html</a><br><br>Question:
Specifically, what state positions would Mr. Young eliminate<br>and/or
which specific state programs would Mr. Young eliminate/reduce
to<br>compensate for this loss of state income tax
revenue?<br><br>-----------------------------<br><br>Mr. Young suggests that
eliminating state income tax would level the<br>proverbial playing field as
"every one is taxed fairly (sales tax) by<br>their life style and how much
they consume."<br><br>According to the U.S. Census Bureau, the state of Idaho
realized just $1.2<br>billion in state salestax revenue in 2009.<br><br><a href="http://www.census.gov/govs/statetax/0913idstax.html" target="_blank">http://www.census.gov/govs/statetax/0913idstax.html</a><br><br>Realizing
that state revenue realized from state sales tax would have to<br>make up for
the $1.3 billion loss, resulting from the termination of state<br>income tax,
this would leave two options (one being consumer dependent and<br>the other
potentially initiated by the state government.<br><br>1) The
consumer-dependent option: CItizens of the state of Idaho would<br>have
to purchase twice as much as they did the year prior to the<br>elimination of
state income tax. These citizens would include those with<br>low or no
(as a result of unemployment) income.<br><br>This option, as much as we may
strongly disagree with its suggestion, may<br>be the better of the two . .
.<br><br>2) The government-initiated option: Increase state sales
tax from six<br>percent to twelve percent. This option may have a
somewhat measurable<br>adverse impact on families of high income. But,
could you imagine the<br>impact it would have on low and no income families as
they make their<br>weekly trip tlo WinCo to buy groceries (something everybody
needs,<br>regardless of life
style.<br><br>------------------------------------------------------<br><br>Thoughts,
V-peeps?<br><br>Tom Hansen<br>Moscow, Idaho<br><br>"The Pessimist complains
about the wind, the Optimist expects it to change<br>and the Realist adjusts
his sails."<br><br>-
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