The sheer magnitude of irresponsibility is breathtaking:
528 million—amount in dollars of the cost of the tax cuts enacted in the two-year budget passed by the General Assembly this year (Ibid)
900 million—amount in dollars of the full cost of the tax cuts passed by the General Assembly this year when fully in place (Ibid)
3.5 billion—amount in dollars of lost revenue thanks to the combined tax changes made by the General Assembly since 2013 (Ibid)
It’s rare for me to be able to summon analogies on Mondays, I usually just hunker down and wait for the coffee to do its magic. But today, I have two analogies warring for my attention, derived from recent news stories, which I believe accurately reflect Republicans’ actions. The first has to do with termites eating away at the foundations of a house, year after year, until the house actually collapses from weakened timbers. If that doesn’t trick your trigger, there’s also the sinkhole phenomenon: Groundwater erosion which slowly washes away soil and mineral deposits, creating unseen gaping voids of missing support, which inevitably eventually collapse, dragging the house down in the process. Okay, I might need more coffee, but you get the picture. For every action there’s an equal and opposite reaction, and the displacement of mass or energy in a formula alters that formula in its entirety. These tax cuts are not “rhetorical,” and neither will be the results. And we will have to live with those results for years to come.