Re: Noted Keynesian Gleeful Over Bombing?

From: Mike Lorrey (
Date: Tue Sep 18 2001 - 20:45:22 MDT

Harvey Newstrom wrote:
> Mike Lorrey wrote,
> > Actually, the rationale for the Capital Gains Tax is to INCREASE tax
> > revinues by stimulating more market activity. They also, you didn't
> > mention, want to couple this with a rise in the minimum wage since the
> > past several increases in the minimum wage have proven to be
> > non-inflationary in impact. The Democrats are all for this, though a
> > side effect of this will be that more small businesses will be forced to
> > employ prisoners, who are not subject to minimum wage protections.
> Thanks, I had not heard about the minimum wage hike. Are Republicans for
> that one? I notice that both sides of the aisle are a lot more interested
> in working together now.

Ah, I just recognise a typo I made. I meant to say that the tax decrease
is meant to increase revinues....

The GOP is proposing the minimum wage hike to get the DNC to jump on

This archive was generated by hypermail 2b30 : Fri Oct 12 2001 - 14:40:52 MDT