Comments on: The Boston Globe freaking out over possible income tax repeal http://blogofbile.com/2008/05/16/the-boston-globe-freaking-out-over-possible-income-tax-repeal/ from the bowels of the mind Mon, 13 Oct 2008 00:16:54 +0000 http://wordpress.org/?v=2.6.2 By: laur http://blogofbile.com/2008/05/16/the-boston-globe-freaking-out-over-possible-income-tax-repeal/#comment-1794 laur Sat, 17 May 2008 04:03:04 +0000 http://www.landofbile.com/blog/2008/05/16/the-boston-globe-freaking-out-over-possible-income-tax-repeal/#comment-1794 well, ill tell you what its <u>not</u> here to do. blog of <strike>hitler</strike> bile is certainly not a device for bosco and myself to meaninglessly chat to one another. email and IM were made with that type of whimsical interaction in mind. well, ill tell you what its not here to do.

blog of hitler bile is certainly not a device for bosco and myself to meaninglessly chat to one another.
email and IM were made with that type of whimsical interaction in mind.

]]> By: bile http://blogofbile.com/2008/05/16/the-boston-globe-freaking-out-over-possible-income-tax-repeal/#comment-1793 bile Fri, 16 May 2008 18:38:41 +0000 http://www.landofbile.com/blog/2008/05/16/the-boston-globe-freaking-out-over-possible-income-tax-repeal/#comment-1793 Isn't blog of bile here for ranting? Isn’t blog of bile here for ranting?

]]> By: beetlbumjl http://blogofbile.com/2008/05/16/the-boston-globe-freaking-out-over-possible-income-tax-repeal/#comment-1792 beetlbumjl Fri, 16 May 2008 15:46:46 +0000 http://www.landofbile.com/blog/2008/05/16/the-boston-globe-freaking-out-over-possible-income-tax-repeal/#comment-1792 OK, if this were to pass, there would be a collision course between state income tax repeal and <a href="http://www.town.dennis.ma.us/dept/admin/prop2.htm" rel="nofollow">Proposition 2 1/2</a>.  In short, it caps property tax at 2.5% of the full cash value of all taxable property in the city or town, and at the same time limits the growth of the tax at 2.5% from year to year.  (Let's not even consider the fact that property is massively overpriced here in MA anyway.)  The limits can be overridden if voted so by the town hall.  Considering that some towns are still <a href="http://www.boston.com/bostonglobe/regional_editions/globe_west/west/2008/04/aldermen_approv_1.html" rel="nofollow">spending </a>like drunken sailors, something would have to give.  My prediction is that the state house will choose to ignore this as if it never happened.  No Democrat will run against an incumbent here, and no one votes Republican, so there is little chance of reform.  Deval Patrick, aka Barack Obama version 1.0, won't cut spending substantially enough to fix the deficit and will pass the buck, or more accurately the lack there of, to the next governor. Actually, I apologize for the rant.  I'll provide what the Boston Globe omitted, the link:  <a href="http://www.smallgovernmentact.org/" rel="nofollow">Why End the Income Tax in Massachusetts</a>.  I'll be filling it out later today. OK, if this were to pass, there would be a collision course between state income tax repeal and Proposition 2 1/2.  In short, it caps property tax at 2.5% of the full cash value of all taxable property in the city or town, and at the same time limits the growth of the tax at 2.5% from year to year.  (Let’s not even consider the fact that property is massively overpriced here in MA anyway.)  The limits can be overridden if voted so by the town hall.  Considering that some towns are still spending like drunken sailors, something would have to give.  My prediction is that the state house will choose to ignore this as if it never happened.  No Democrat will run against an incumbent here, and no one votes Republican, so there is little chance of reform.  Deval Patrick, aka Barack Obama version 1.0, won’t cut spending substantially enough to fix the deficit and will pass the buck, or more accurately the lack there of, to the next governor.

Actually, I apologize for the rant.  I’ll provide what the Boston Globe omitted, the link:  Why End the Income Tax in Massachusetts.  I’ll be filling it out later today.

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