Imagine you came into a bit of money. Not a lot - less than $500 on your annual salary of $35,000 - but enough to make you happy.
This is the pleasant situation state government faces: new revenue estimates predict the state will close its books on the current budget with a little less than a billion more on its $70 billion biennial budget.
Lawmakers are falling over themselves to come up with the best tax give-away. But maybe they should check the pile of past due bills first.
So returning to my story; imagine you faced hard times. You delayed paying some of your mortgage, you got behind on your son’s college tuition, you skimped on supplies for your school-age daughter, you didn’t pay all your property tax and you missed a few car payments.
Instead of catching up on the bills you missed – with new money that comes nowhere near getting you caught up – you propose to your spouse to give the money away to your friends.
If I were your spouse I’d send you outside for a while and hope the weather cooled off your foolishness.
Such is the foolishness of lawmakers who want to cut income taxes – giving most benefit to high income earners – rather than pay the bills postponed over the past years.