Tuesday, July 05, 2011

Not A Bad Idea

A conservative rationale for raising taxes.

It strikes me as not a bad idea for taxes to go up and down with the amount of government spending. Right now, the two aren't correlated as the government can borrow and spend and does so liberally. Now, it would be silly to put a super tight straight jacket on things, especially for national emergencies like war, etc. But at least some type of standard formula that impacts EVERYONE - rich and poor alike - when the spending goes up. This makes us feel our choices more immediately and probably would engage more citizens in how we spend our money.

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