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

To: Taro who wrote (230026)	4/19/2005 6:59:59 PM
From: TimF	Read Replies (1) \| Respond to of 1572942

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. Yes ideas are one thing, practical politics is another. Even if my preference for low taxes and reduced spending was far more common across the country there would be a number of practical political problems that would make it hard to implement and even harder to maintain. Tim

To: Taro who wrote (230026)	4/19/2005 7:03:35 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1572942

Taro, it's all about the Laffer curve: investopedia.com Of course, one has to remember that the Laffer curve is all about maximizing tax revenues, not necessarily minimizing the impact of taxes on the economy. Tenchusatsu

To: Taro who wrote (230026)	4/19/2005 7:53:24 PM
From: Road Walker	Read Replies (2) \| Respond to of 1572942

re: 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! Crap. Pay as you go is the best answer. Want to go to war? Raise taxes that year to pay for the appropriation. Want to build a school? Raise taxes that year. Want to close a school? Cut taxes that year. Find a lower cost to maintain the roads? Lower taxes that year. It's what real people do every day... not complicated. John