Re: Tax

From: Warrl kyree Tale'sedrin (warrl@mail.blarg.net)
Date: Thu Feb 05 1998 - 15:38:32 MST


> From: DOUG.BAILEY@ey.com
 
> The "trickle down" Reaganomics theory for less progressive taxes has already
> failed once.

That's because the government proclaimed "trickle down" and then put
a large tap (massive government borrowing) right at the top to drain
off anything that might trickle by.

 
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