Monday, April 12, 2010

A Case of Voodoo Tax Cuts?

You know you are in trouble when your running mate is unable to explain your plan to cut the state income tax. Kasich's running mate, Mary Taylor, did an interview on ONN where she tried to make some sense out of his tax plan.

OhioDems:

Appearing on ONN's Capitol Square Republican State Auditor Mary Taylor could not explain the specifics of how our state could fill a more than 40 percent hole in the state budget that would be created by eliminating the state income tax, a proposal championed by her running mate John Kasich.

Asked by ONN's Jim Heath for her take on such a proposal, Taylor said, "Well I think you have to, first of all, understand what the proposal is, you know, what is the proposal…"

That's a good question that Congressman Kasich needs to answer. What cuts would he make? What taxes would he raise? When would the cuts begin? And what cuts are on the table? Would Kasich be open to massive cuts in education, Medicaid, or other vital programs he voted to cut during his 18 years in Congress?

If your running mate is unable to figure it out, how in the world does Kasich expect the rest of us to get it? Is Kasich's tax plan more voodoo economics or trickle down economics? Why won't Kasich talk about his plan? Does he understand it?


**** There is another revelation about the inner workings of Lehman Brothers in the New York Times. Since Kasich, a former director at Lehman, only released his tax returns from his last year at the firm, people want to know when the rest of his tax returns will be viewed.