The Boston Diaries

The ongoing saga of a programmer who doesn't live in Boston, nor does he even like Boston, but yet named his weblog/journal “The Boston Diaries.”

Go figure.

Monday, June 16, 2008

“So why raise taxes again?”

Mr. Hauser uncovered the means to answer these questions definitively. On this page in 1993, he stated that “No matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5% of GDP.” What a pity that his discovery has not been more widely disseminated.

Via Flutterby, You Can't Soak the Rich

Interesting …

Perhaps if the Democrats get control of the government come November, they could try simplifying the tax code before raising taxes …

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