Quote from denner:
Which kind of reminds me of the whole concept of a "toll road" or a toll, in general. It's always floated as a "temporary tax" to pay for the construction of a highway or roadway...that is until, the politico's just love the windfall of steady CASH into some black hole and they hire a bunch of lifer's to "administer" the toll authority with a generous pension and all the "perk's and bennie's".
Pretty soon that temporary "toll tax" becomes a perpetual tax (and always indexed to inflation).
Maybe Ricter is a bit naive or misguided, but all I see are taxes layered on top of existing taxes, which are never rescinded, they just grow in size and scope. I might also add that it's never mentioned in the whole debate about income tax rates because it would throw quite a dent into the whole argument about "total taxation". Miscellaneous, smaller taxes are always introduced so as to avoid the "sticker shock" of the broader taxes. Nonetheless, they all add up to quite a tidy sum.
