To: Redcloak
how does the school teacher draw a salary without a underlying tax base from the productive sector? do we just have government print the money and pay them? like argentina?
To: oceanview
how does the school teacher draw a salary without a underlying tax base from the productive sector? do we just have government print the money and pay them? like argentina? No. The school teacher's union demands more money from the county. The county raises property taxes. The property owners borrow (more) against their equity to pay the increasing taxes.
This was the reason for the widespread tax revolts in the 1930s. Taxes were increasing and the government workers were doing well, while the taxpayers were getting sliced from both directions.
It is happening again. And just like before, most of those government workers keep demanding the slices on the taxpayer be deeper and deeper, because they don't feel a thing.
179 posted on
02/18/2004 1:54:22 PM PST by
meadsjn
To: oceanview
How are goofball industries any less "productive" than more traditional sectors. The money's still green, isn't it? It's still taxable. What difference does it make if the tax was paid by a widget maker versus a "diversity consultant"?
181 posted on
02/18/2004 2:04:54 PM PST by
Redcloak
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