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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>
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="FONT: 10pt arial; BACKGROUND: #e4e4e4; font-color: black"><B>From:</B>
<A title=thansen@moscow.com href="mailto:thansen@moscow.com">Tom Hansen</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=vision2020@moscow.com
href="mailto:vision2020@moscow.com">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">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">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">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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