Gene Wolfe's Politics

Jerry Friedman · 26 Mar 2009, 20:16 · from 2009-March.txt.gz

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From: jerry_friedman at yahoo.com (Jerry Friedman)
Date: Thu, 26 Mar 2009 13:16:04 -0700 (PDT)
Subject: (urth) Gene Wolfe's Politics
In-Reply-To: <1f7617370903261242r3fbdec07scd2f4b38ee8b5a29 at mail.gmail.com>
Message-ID: <959121.65357.qm at web50706.mail.re2.yahoo.com>


--- 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.

Jerry Friedman

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