hello korn!
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GOP/Paul Ryan FTW!
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I especially like 4 and 5. America's idea of capitalism is bizarre. Businesses there are more like feudal lords than centers of trade or service.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Looking at the CBO's initial analysis of the plan is not exactly confidence-inspiring.Apolyton's Grim Reaper 2008, 2010 & 2011
RIP lest we forget... SG (2) and LaFayette -- Civ2 Succession Games Brothers-in-Arms
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Originally posted by KrazyHorse View PostYou could easily solve the deficit with spending cuts. Unlike top marginal tax rates, spending only has a zero lower bound.
Remember that I only referred to short term elasticities. Long term elasticity will probably prove larger, meaning that less can be raised over the long haul by "taxing the rich".
In the end, federal state and local spending amounts to >40% of US gdp (and rising). This is unsustainable when we appear to be unwilling to tax the majority of Americans.
How come Canada is doing fine with more taxes? Would that mean that on the long term our fiscal prospects are even darker than America's?In Soviet Russia, Fake borises YOU.
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