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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (196898)8/24/2004 5:48:21 PM
From: TimF  Read Replies (2) of 1576178
 
The government isn't a business. If a business doubles its revenue its real growth. If the federal government doubles its revenue its just squeezing the economy harder.

That's not true......in a booming economy, corps. generate more taxable income which adds to federal coffers. Not a damn thing wrong with that.


There isn't a damn thing wrong with economic growth causing the deficit to drop. But that wasn't what I was talking about.

When government increases taxes to increase revenue, it isn't generating profits it is seizing them. It isn't producing it is taking away from those who produce.

Tim
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