Friday, November 30, 2012

Fiscal Cliff 2012: Republicans Say White House Proposes $1.6 Trillion In New Tax Revenue, New Stimulus, Elimination Of Debt Ceiling


I ignored your questions because they are absurd - like just about everything you've typed.



California's problems are not due to taxes being too high or too low. But that's all you want to fixate on. Taxes are generally low all over this country when compared to the rest of the world. Countries like Germany and Finland have higher taxes than us and still thrive.



So the incontrovertible fact is that a tax rate number cannot be the reason why some organization or economy is doing well or poorly. Therefore, your insistence that I explain all of California's problems in the context of your fallacious argument is absurd on face.



Were California pensions a problem? Obviously they were (or are). I believe there was a reform bill passed recently to try to address some of the problems. Are there other problems? There has to be - and I believe they have to exist because a silly belief that the tax rate is the reason for the state's financial trouble is nonsense.



Yet that is what you want to fixate on here. You probably think that if the tax rates - which are the lowest that they've ever been in about 100 years - are raised, then disaster will ensue because bureaucrats will set fire to the revenue. It's as silly and useless an obsession as is possible and I won't waste any more time on its childish irrationality.
Read the Article at HuffingtonPost

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