09 June 2006
The (marxist) social engineering goals of the inheritance tax
7:56 AM
A response to this column by Sebastian Malleby.
The federal government faces a future of expanding deficits. Thanks to the baby bust and medical inflation, spending is projected to rise by nearly 3 percent of gross domestic product by 2030, a growth equivalent to the doubling of today's Medicare program. What is the dumbest possible response to this? Take a source of revenue and abolish it outright.
Yes, this is the dumbest response. But only if, as a solution to expanding deficits, one looks only at the revenue side of the equation.
[more...]
The federal government faces a future of expanding deficits. Thanks to the baby bust and medical inflation, spending is projected to rise by nearly 3 percent of gross domestic product by 2030, a growth equivalent to the doubling of today's Medicare program. What is the dumbest possible response to this? Take a source of revenue and abolish it outright.
Yes, this is the dumbest response. But only if, as a solution to expanding deficits, one looks only at the revenue side of the equation.
[more...]
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About Me
- James Frank Solís
- Former soldier (USA). Graduate-level educated. Married 26 years. Texas ex-patriate. Ruling elder in the Presbyterian Church in America.
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- Even in France?
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- On Rembrandt’s “Holy Family”
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- A little more on the Third Party issue
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- 060606: something a little more noteworthy
- How a nation can be its own worst enemy sometimes
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- Ah, sweet land of liberty!
- Do we need a federal marriage amendment?
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