Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Arkansas

Farmer-Rick

(11,539 posts)

1. So how are they going to pay their huge debt if they reduce revenue?

Reply to TexasTowelie (Original post)

Sat Aug 25, 2018, 06:52 AM

Aug 2018

They are ranked 41 highest debt owed (44 per capita) among the 50 states and that does not include local debt.

Reducing income when your debt is so large does NOT sound like a smart thing to do.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

5 replies

= new reply since forum marked as read

Highlight:

State talks reducing top tax rate [View all] TexasTowelie Aug 2018 OP

So how are they going to pay their huge debt if they reduce revenue? Farmer-Rick Aug 2018 #1

That means there are only 9 states with a lower debt. sinkingfeeling Aug 2018 #2

No, the data I was looking at had Alabama at the bottom with the next state down having even more Farmer-Rick Aug 2018 #3

This is the data from 2015. sinkingfeeling Aug 2018 #4

Yeah, I saw that. Farmer-Rick Aug 2018 #5