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State must exercise spending discipline

July 21, 2014

West Virginians cannot afford for state finances to be handled the same way some people manage their money....

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Jul-24-14 6:56 PM

Democrat consistently raising taxes on businesses and NOT reigning in all these abusive silly lawsuits through tort reform is what keeps killing any chance of any good jobs in WV. Get rid of democrats in November and watch how conservatives bring a lot of good paying jobs to WV.

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Jul-24-14 11:16 AM

Ha! Asking a democrat to exercise spending discipline is like asking a child to hand over his candy!

"A right, such as a right to free speech, imposes no obligation on another, except that of non-interference. The so-called right to health care, food or housing, whether a person can afford it or not, is something entirely different; it does impose an obligation on another. If one person has a right to something he didn't produce, simultaneously and of necessity it means that some other person does not have right to something he did produce. That's because, since there's no Santa Claus or Tooth Fairy, in order for government to give one American a dollar, it must, through intimidation, threats and coercion, confiscate that dollar from some other American."

Walter E. Williams

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Jul-21-14 6:46 PM

Last year West Virginia gave away $1.7 billion in tax favors and incentives to businesses, which on a per capita basis, is the second highest level of corporate subsidies in the nation. In addition West Virginia has also cut business taxes so much that, on a percentage basis, corporations in West Virginia contribute only half as much to state government in income taxes as they used to. Additional cuts have already been enacted that will further reduce businesses contributions to only a third of what they were. And what is there to show for it?

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Jul-21-14 6:45 PM

And what is there to show for it? In short, West Virginia has aggressively lowered business costs through tax cuts, regulatory reform and outright subsidies and the promised results have been non-existent. So, what is the solution for this abject failure? Our elected officials want to do more of the same.

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Jul-21-14 6:44 PM

That's a whole lot of money being spent with little to show in return. With that much money floating around, someone must be getting rich. And I would be remiss as a citizen for not speaking out. Having slashed business taxes and provided lavish subsidies, West Virginia law makers will now push to help businesses cut workers wagers on the promise that, if we discount ourselves just a little bit more, prosperity will ensue. Never mind the fact that West Virginia has the fourth lowest cost of doing business in the nation.

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