Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (230085)	4/20/2005 11:01:28 AM
From: Tenchusatsu	Read Replies (2) of 1573124

Z, what amazes me is how the tax receipts as a percentage of GDP rose to a local maximum in the years of 1998-2000, the era of the dot-com bubble. Something tells me that the government gets much more than its fair share during good economic times. Nothing really wrong with that, except that it makes the revenue stream unpredictable. Meanwhile, spending is very predictable ... it just keeps on growing. By the way, remember the tax in California on those making a million or more, and how I claimed it's a slippery slope? Just recently, Rob Reiner proposed another tax on the rich ($800K married, $400K individual), this time to pay for universal preschooling. Get in line, everyone! Tenchusatsu

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