Archive for June 26th, 2012

June 26, 2012

Daily Scoop Xtra: States Lacking Income Tax Get No Boost in Growth

In the wake of the Norquist “No Tax” Pledge, the gridlock caused in Congress over raising taxes in any form and attempts by many Republican-controlled state legislatures to further reduce state taxes to spur growth, a new study finds how misguided supply-side economics is during times of economic recovery.

BLOOMBERG- Governors seeking to expand their economies by eliminating income taxes find little support for the idea in the record of U.S. states that lack such a levy.

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June 26, 2012

The Daily Scoop: 5 Craziest Policies In TX Gop’s 2012 Platform

The Republican Party of Texas released its 2012 platform this month, outlining its policieson taxation, education, and a host of other issues related to the economy. Texas Republicans, according to the platform, support eliminating the minimum wage and the prevailing wage, doing away with the Department of Education and Department of Energy, and “reducing taxpayer funding to all levels of education” — but those aren’t even the most damaging positions.

Here’s a look at the five most outrageous beliefs Texas Republicans hold:

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