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To: dragnet2

02/2009: California votes to increase taxes.
08/2011: California tax revenue drops ‘unexpectedly.’

Unexpectedly, that is, unless you’ve studied US fiscal history at all. Increasing taxes beyond a certain level always produces a reduction in tax revenue.


20 posted on 08/10/2011 11:11:15 AM PDT by HGSW0904
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To: HGSW0904

Ooopsie. Got so riled I posted twice.

Clean up on aisle 20, please?


22 posted on 08/10/2011 11:13:51 AM PDT by HGSW0904
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