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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (230021)	4/19/2005 6:54:43 PM
From: Taro	Read Replies (3) \| Respond to of 1572860

Tim, in a way I like your stance and I believe it is a very ideal one. Let me give an analogy from the public investment area: When building a new toll road, tunnel or bridge the financing of it is or should always be up for a sincere discussion rather than just deciding that making the most money on the project eventually is the best solution. It is not because it is nothing but yet another hidden tax. Seen from a macro economic perspective, the optimum annual intake is no more than what covers the full costs of running the toll road over the projected service life. Above is a fact based on the models currently in use. In most cases, however, tolls are based on a pay-back model where the invested funds must be fully amortized within a given period of XY years, where XY is the result of a political compromise. When funds have been paid back it would at least then make economic sense to decrease the toll to cover the running expenses only but that is seldom done because of local intake considerations. Check the bridges and tunnels in NYC and SFO... Running the country as a truly lean operation with taxes fixed as low as possible is a great idea. Add to that a public intention of decreasing them every year as the society prospers and we would have a revolutionary approach! Or at least as you suggest, keep the taxes at the low end of the range acceptable to most people and make that possible by tailoring the spending to fit that, what a great new world we would have right there! But unfortunately I see few if any political incentives that could let us hope for a major fiscal movement in the direction suggested by you. Taro