European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 21. May | 109 comments (109 topical, 0 editorial, 0 hidden)

Or... (4.00 / 4)

it means that

tax revenues are broadly in line with public spending, which has remained constant despite years of conservative dominance of the WH;
the tax burden has moved from the rich to the middle classes and the poor.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed May 21st, 2008 at 05:27:59 AM EST
[ Parent ]

Re: Or... (4.00 / 2)

It also means that if raising rates makes no difference to revenue, there's no reason not to raise rates at the upper end to minimise the inflationary burden of those lower down the scale.

Not that the argument is exploiting Soviet levels of disingenuousness in the first place, of course.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed May 21st, 2008 at 06:12:17 AM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 21. May | 109 comments (109 topical, 0 editorial, 0 hidden)

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