SC: Big Bad Budget Week
TAXPAYERS MIGHT AS WELL BE FLUSHING IT … || By FITSNEWS || The S.C. House of RepresentativeYou must Subscribe or log in to read the rest of this content.
TAXPAYERS MIGHT AS WELL BE FLUSHING IT … || By FITSNEWS || The S.C. House of RepresentativeYou must Subscribe or log in to read the rest of this content.
12 comments
In the end, Haley, the collector/user of the states biggest bag of dicks, put them all together like one giant Voltron dick with which to anally penetrate the tax herd.
Her and all her pol buddies win, every time.
Keep re-electing them SC…keep re-electing them.
And they are going to pass a bond bill that will total somewhere between $500 million and $750 million dollars. It is figured differently, so it does not show up. It is a blowout give away.
Bonds and shorter term borrowing would show up on a 10 year fiscal plan. If not, SC taxpayers are in deep trouble.
I think the yearly payment is in the budget, but the debt does not go into the budget number, does it?
Mmmmm … bond payments, probably so. BUT those of us who believe they understand numbers, are seldom told what the real costs of those bonds are without the entire long term payment schedules.
FYI: The real cost of g’ment bond issues is the combined Total Payments. A short look into which brokers and which promoters get the bond business and who they donate to often reveals “hidden” costs that show up in other areas of a g’ment budget.
One can always tell when states are running on overdrive with underwhelming results:
*Consider the state population of ten years ago compared to today.
*And then consider the the number of state owned cars and pickup trucks ten years ago compared to today.
*And now considere the number of state employees ten years ago compared to today.
If the state population growth is reasonable, then the government growth might also be … Or Not.
This kind of simple, non-common core math will tell the tail….
All too often government budgeteers pay attention to these numbers and ramp up salary caps and quotas, hiring schedules and all sorts of expensive details … and the state taxpayers will suffer, count on that.
So predictable. I read Volvo and Jaguar may be coming to SC. Of course, this info leaked from the people trying to pass a $42 billion dollar gas tax and a $500 million dollar bond bill.
They leak info about the carrot, so they can pass the stick (tax).
SC taxpayer is going to pay, pay, pay.
A 2.35% increase. Wow! The nerve of those legislators!
It always goes up, never down…after 5 years of increases you’re talking about almost 12%…go ask people working outside government if they’ve seen a 12% pay increase in the last 5 years.
You know what you’ll find? THEY ACTUALLY MAKE LESS:
http://www.deptofnumbers.com/income/south-carolina/
So don’t be an asshole, k? I know that’s asking a lot. But maybe taking people more, who are making less, is-shall we say, cruel?
I’ve got a novel idea, why not shrink the budget each year 2.35%? That doesn’t seem to be asking much.
* taking=taxing
2.35% is roughly commensurate with annual inflation and yes, state employees have taken pay cuts through low/no cost of living adjustments. Furthermore, many are doing the work that 2+ people used to do because of staff reductions. As for the rest of your jibberish… WTF are you talking about?