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Just thoughts: Taxes
  • Vitaliy_KiselevVitaliy_Kiselev

    Exponential expansion is over. Yet all governments try to use methods applicable to expansion during different situation.

    One of such methods - hiking taxes. Tightening regulations. And all of this usually is accompanied by government workers expansion with simultaneous reduction of expenses going to actual things.

    Such approach not only won't work, but it'll induce another death spiral.
    You rise taxes - it causes increase of business expanses, price hikes, market contraction, firing of people, adjustment, tax income reduction due to it, another tax hike, etc.

    It seems like none of the "managers" can work in situation different from expansion (and expansion that is not result of their smart actions).

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  • johnnymossvillejohnnymossville

    I like the tactic my state's govt uses. They'll raise taxes by $4 Billion, then "Cut" spending by $25 Million and then brag about bringing costs under control.

  • Vitaliy_KiselevVitaliy_Kiselev

    They'll raise taxes by $4 Billion, then "Cut" spending by $25 Million and then brag about bringing costs under control.

    Some do the $4 billion rise and $8 billion cut :-)

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