Short post, them I'm off to climb Hat Mountain.
Saw it in the Rapid City Journal today that Ron Volesky, a potential democratic candidate for South Dakota governor wants to impose a corporate income tax.
So in short, since I'm vacation,
Volesky is a freaking moron. And the reason why is he doesn't understand basic economics.
South Dakota, as well as North Dakota and Wyoming, are states that not only have no income tax (corporate or personal), but states that have more or less escaped the recession.
Now the reason why is that corporations and people like to invest in these states since they get to keep more of their money. It also keeps money out of the hands of government, which is notorious for spending money poorly, resulting in less production per dollar. However what really pisses me off is that I was planning on moving myself and my company out here to South Dakota to escape the overly and oppressively taxed nanny state of Minnesota. But oh no, you have to ruin any fun and eliminate any state that might still somewhat adhere to the Declaration of Independence's "life, liberty and the pursuit of happiness"
Now, of course, guess what he wants to spend it it;
Of course, education. Arguably the most cost-ineffective government program where more money has never improved education.
And his rationalization for imposing an income tax;
"I just feel that"
Ron, quit being a god damned politician, become an adult and a statesman and KNOW before you ask for other people's money.