Comments on: Profligate Republicans and prudent Democrats http://blogs.reuters.com/muniland/2012/01/31/profligate-republicans-and-prudent-democrats/ Bridges, budgets, bonds Tue, 18 Jun 2013 18:31:49 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Cate Long http://blogs.reuters.com/muniland/2012/01/31/profligate-republicans-and-prudent-democrats/comment-page-1/#comment-676 Cate Long Wed, 01 Feb 2012 13:06:02 +0000 http://blogs.reuters.com/muniland/?p=6928#comment-676 Thanks for your comment RJM365. Actually I wanted to highlight the relative "prudence" of each governor's approach. Every state has a myriad of taxes. This is about the overall approach of using realistic data and not pushing liabilities out into the future while cutting current taxes. States get AAA credit ratings by running prudent operations. In contrast credit raters have not judged Governor Christie's efforts kindly. Thanks for your comment RJM365.

Actually I wanted to highlight the relative “prudence” of each governor’s approach. Every state has a myriad of taxes. This is about the overall approach of using realistic data and not pushing liabilities out into the future while cutting current taxes. States get AAA credit ratings by running prudent operations. In contrast credit raters have not judged Governor Christie’s efforts kindly.

]]> By: RJM365 http://blogs.reuters.com/muniland/2012/01/31/profligate-republicans-and-prudent-democrats/comment-page-1/#comment-674 RJM365 Wed, 01 Feb 2012 04:19:18 +0000 http://blogs.reuters.com/muniland/?p=6928#comment-674 Shouldn't the overall tax burden also be taken into account when judging the actions of two governors dissimilarly situated? Your commentary fails to take into account the rampant tax differences between the two states. For example, N.J.'s top tax rate of 8.97% vs. Maryland's 5.5% and N.J.'s $2600 per capita in property taxes vs. Maryland's per capita taxes of $1170. To attack Gov. Christie's proposal, but disregard the tax burdens the respective states place on their constituents seems quite one-sided. Shouldn’t the overall tax burden also be taken into account when judging the actions of two governors dissimilarly situated? Your commentary fails to take into account the rampant tax differences between the two states. For example, N.J.’s top tax rate of 8.97% vs. Maryland’s 5.5% and N.J.’s $2600 per capita in property taxes vs. Maryland’s per capita taxes of $1170. To attack Gov. Christie’s proposal, but disregard the tax burdens the respective states place on their constituents seems quite one-sided.

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