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Article #22217

Re: Raising Revenues vs Spending Them

#22217
From: Michael Scott Ludwig
Date: Thu, 16 Jul 1992 09:31
27 lines
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andy@SAIL.Stanford.EDU (Andy Freeman) writes:
=For example, we could have all the govt spending we wanted, yet not
=have any taxes, tariffs, etc, by letting govt print the money we
=wanted it to spend.  Sure, there'd be an effect, but it would be
=unavoidable (no loopholes) and it would be "bad" only to the extent
=that the spending was silly.  (Note the extra incentive on everyone to
=make sure that govt spending under such a plan is useful.  There's
=nothing like inflation to get people's attention.)

Unfortunately, I doubt anything will be enough of an incentive to the
public - apathy, especially when combined with the way politics is currently
run, can't be overcome by anything.

=BTW - If you're going to point to EPA and Los Gatos and talk about how
=we can't have local only taxes because EPA can't support itself, I'll
=point out that under the current system, no one else does either.

You went over my head on this one - I didn't see a single article that
mentioned either the EPA or Los Gatos (the EPA shouldn't be in this
discussion anyway, since it is funded by the national gov't, not the state).


"Planet Bog - pools of toxic chemicals | Michael Ludwig
bubble under a choking atmosphere      |
of poisonous gases.  But aside from    | mludwig@bonnie.ics.uci.edu
that, it's not much like Earth."       |
        - Calvin (of Calvin & Hobbes)  | UCI and I don't agree on anything.
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From: mludwig@bonnie.ics.uci.edu (Michael Scott Ludwig)
Subject: Re: Raising Revenues vs Spending Them
Nntp-Posting-Host: bonnie.ics.uci.edu
Message-ID: <2A65420D.10888@ics.uci.edu>
Summary: not caring and not knowing
Newsgroups: ca.general,ca.politics
Reply-To: mludwig@ics.uci.edu (Michael Scott Ludwig)
Organization: Univ. of Calif., Irvine, Info. & Computer Sci. Dept.
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Date: 16 Jul 92 09:31:57 GMT
Distribution: ca
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