Poizner says that his tax cuts will increase revenues for California (user search)
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  Poizner says that his tax cuts will increase revenues for California (search mode)
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Author Topic: Poizner says that his tax cuts will increase revenues for California  (Read 2780 times)
Filuwaúrdjan
Realpolitik
Atlas Institution
*****
Posts: 67,713
United Kingdom


« on: September 25, 2009, 06:24:44 PM »

Stupid. Cut taxes to cut taxes and follow it with a strict and exactly identical decrease in spending, not to adhere to the Reaganist supply-side religion that has as much to do with real life as an utopian scheme.

The California constitution requires a balanced budget, so in theory any tax cut would be paired with a spending cut.  In reality, spending has far outpaced tax revenues, in adherence with the Democrats' tax-and-spend religion.

What?

You are young and may not fully understand these grave matters. When something is seriously wrong, it is always and entirely the other lot's fault. With time it will come to you.
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