(urth) Gene Wolfe's Politics
jerry_friedman at yahoo.com
Thu Mar 26 13:16:04 PDT 2009
--- On Thu, 3/26/09, Dan'l Danehy-Oakes <danldo at gmail.com> wrote:
> <brunians at brunians.org> wrote:
> > A good practical place to start.
> > You can only make a new tax if you remove two others:
> you can only raise a
> > tax if you reduce other taxes by twice the amount.
> This is a formula for bankruptcy.
For a while you just wouldn't be able to adjust your tax
policy, no matter how great the need. The bankruptcy wouldn't
happen till the emergency that required raising taxes.
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