Easley Offers Tax INCREASE
You might read stories that proclaim that Governor Easley is offering a tax cut -- but that's simply not true -- it's a damn lie and Easley knows it.
Let's see if you agree with me or Governor Easley. Let's say I'm your employer. When I hire you, I agree to pay you $20,000 a year. At the end of the first year, the company is doing extremely well, so I give you a $750 bonus. After the second year, no one gets any bonuses. However, I do give you a 3% raise so your salary is now $20,600. Review: Your salary, year 1 is $20,000.Your salary, year 2 is $20,600. If you think you've gotten a pay cut, then you believe Governor Easley that we're getting a tax cut this year. If you think you've gotten a raise, you agree with me that Governor Easley is lying. You see, Governor Easley is claiming that's he's "cutting the sales tax rate." In reality, that sales tax rate is a temporary increase that was passed years ago. Each year the legislature re-authorizes, or RAISES the sales tax. Easley is proposing to cut the increase in half -- in the world of the left, increasing by a smaller amount is a "cut." In the rest of the world, a tax increase is an "INCREASE." If you still don't get it, I'll make it real simple: NC Budget, 2005-2006: $17,196,000,000.00
Easley' Budget, 2006-7: $18,850,000,000.00 Someone explain how I can subtract money from 17 billion and arrive at 18 billion. But then I guess if you support the left and Democrats like Mike Easley, you don't actually expect them to be honest... Jeff Taylor is having trouble with the language used here, too.
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