RE: Cutting Taxes to Spur the Economy

From: Mike Lorrey (mlorrey@yahoo.com)
Date: Mon Jul 07 2003 - 18:40:23 MDT

  • Next message: Adrian Tymes: "Re: [wta-talk] Specific areas lacking advancement"

    --- Lee Corbin <lcorbin@tsoft.com> wrote:
    > Brett writes
    >
    > > So there are two ways of "reducing taxes". (1) cut spending.
    >
    > Stop right there. What possible incentive do government employees
    > have to cut spending?

    former NH Governor Mel Thompson's portrait in the NH statehouse has the
    following engraving: "lower spending leads to lower taxes". NH has the
    lowest spending and tax burden in the nation, and has for many years.

    Fortunately, government employees don't get to set the budget. So long
    as you don't pay your legislators (i.e. so they don't get to feeling
    like they are also government employees too), they won't be so keen on
    spending money either.

    Also, one reason we use a property tax and no income tax is that the
    income tax is taken out bit by bit every paycheck. Property taxes are
    paid in lump sums 1-4 times a year. People hate writing those big
    checks, so they vote for people who want to lower taxes.

    =====
    Mike Lorrey
    "Live Free or Die, Death is not the Worst of Evils."
                                                        - Gen. John Stark
    Blog: Sado-Mikeyism: http://mikeysoft.zblogger.com
    Flight sims: http://www.x-plane.org/users/greendragon/
    Pro-tech freedom discussion:
    http://groups.yahoo.com/group/exi-freedom

    __________________________________
    Do you Yahoo!?
    SBC Yahoo! DSL - Now only $29.95 per month!
    http://sbc.yahoo.com



    This archive was generated by hypermail 2.1.5 : Mon Jul 07 2003 - 18:52:06 MDT