At least Utah's revenue numbers are flat. It could be worse.To no
ones surprise California's 2011 budget was built on bogus numbers. They were
looking at a cumulative shortfall of $705.5 million for just the first three
months of the fiscal year.Sooner or later California is going to do
what Greece is doing and go bankrupt.
The State of Utah needs to be very careful with budget increase estimate
forecasts. The economy is very unstable. Spending should be kept at very low
modest levels in terms of increases. We can consider ourselves very fortunate
in the face of national and international conditions. More rainy day funds
should be considered and not the temptation to spend every penney. Be prudent.
Imagine that--the state's revenue reflects a similar holding pattern that many
of us are experiencing right now.Utah congressfolk may have to cut
back on the spending ideas they have been dreaming about this year.
Why do we need a pay increase for higher education? Any pay increases should go
to our teachers at the elementary through high school levels or police and
Awww... no pet projects this year again, boys.
Utah's revenues are flat and disappointing, much like the income tax structure.
Let this be a lesson to everyone about how a flat tax does not work.
@Rifleman - California is already bankrupt. The state has been using furloughs
and IOU's for years now. While UT's revenue may not be up, at least we're not as
bad off as they are.
Re: Schwa | 2:12 p.m. Feb. 21, 2012 "Let this be a lesson to everyone
about how a flat tax does not work."Americans living on a fixed
income learn how to live within their means. Is there some reason why
government shouldn't be expected to do the same?
What is the current budget figure for the State of Utah? Currently, Arizona's
legislature has downsized Governor Brewer's proposed budget by more than $100
million to $8.66 billion. How can the State of Utah have a budget of over $12
billion with far fewer people living in the state? Something is wrong here. We
are spending far too much money in state government.
I honestly fail to see how this is bad news. If the government has enough money
to fund the already overblown budget, and then actually has a few million extra,
then that means they haven't confiscated more from us. It also means they can't
spend a bunch more.Frankly this is great news.
@Rifleman"Americans living on a fixed income learn how to live
within their means. Is there some reason why government shouldn't be expected to
do the same?"Your comment has very little to do with my point,
which was that Utah's flat tax is regressive and hampering the state's coffers.
As to the State of Utah living within its means, I submit to you that the state
is constitutionally required to balance its budget. So they live within their
means, and always have. The complaint is that because of their poor decisions
about how to generate revenue, their means are lower than they probably should
be. This hinders their ability to fulfill their other constitutionally mandated
obligations such as provide a free education to every resident of the state.
@Schwa, no, not every resident of the state is entailed to free education if you
bother to read the state constitution. Education is an entitlement in k1-k12
education, regulated by citizenship of parents, not their children or
occupational status. Free education is not a right of occupation or
constitution, it is a privilege of U.S. parental citizenship and paying state
taxes.Consequently, every tax payer in the state is forced by this
assumption by our legislators that illegal foreign occupation authorizes
entitlements costing billions of dollars a year for this misrepresentation of
the truth and facts of our rights.Borrowing money to balance a
budget and depending on government blackmail money does not qualify as
responsible government balancing its budget.Utah government has been
in denial and deceptive because we are a living depression where inflation is
our economic growth. If it wasn't for inflation government wouldn't grow, that's
why government try's to maintain a high level of inflation. When inflation
stops, unregulated government growth stops, and requires increased taxation,
either from property or sales taxes to maintain its deception for criminal fraud
Schwa "Let this be a lesson to everyone about how a flat tax does not
work."I think a flat tax does work and quite well. With a flat
tax, government revenues rise and fall with the incomes of its citizens. When
everyone is earning more, the government gets more, and when the economy is bad,
government has to do what everyone else does, tighten its belt.With
a flat tax, if government wants more money it has to find ways to make everyone
more prosperous, not pit one economic class against another in hopes of
extracting huge amounts of taxes out of the rich.
The state legislature seems to be ignoring a promising source of savings and
revenue. According to the Deseret News, the UU athletic department has received
$6 million in subsidies over the last several years. However, instead of asking
for less, they are actually asking for more!Why should Aggie,
Wildcat, and Thunderbird fans subsidize the BCS, when the corrupt BCS system
harms their teams? State legislature should remove all subsidies from schools
in BCS conferences. Then, they should take half the money received from BCS
conferences, and use that money to increase the salaries of schoolteachers to a
competitive level.It is a winning proposition all the way around.
Utah's education system improves, improper subsidies are removed, and the BCS
system gets a black eye.