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Politics : PRESIDENT GEORGE W. BUSH
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To: Sedohr Nod who wrote (314584)11/5/2002 3:36:55 PM
From: TigerPaw  Read Replies (1) of 769667
 
but for it to grow and expand unchecked will eventually be the downfall of this country.


I'm continually amazed at the number of unrelated assumptions behind these knee-jerk reactions. A progressive tax does not necessarily have to grow. I recall an issue in the 1970s where inflation brought people into higher tax brackets without a real change in their standard of living. This was really just a natural balance which occurred by fighting a very expensive war without any explicit tax policy to pay for it (You would think we would have learned by now, but I guess the current administration had better things to do at the time). The overall revenue and rates are really a matter of budgeting.
TP
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