Hike tax most time won't cover the budget shortfall

来源: wxc1204 2010-04-08 08:33:05 [] [旧帖] [给我悄悄话] 本文已被阅读: 0 次 (281 bytes)
In the recession, increase sales tax, the sales except food (not taxable) will go down, the total sales tax will not increase. Tax more on high income people, they may leave or close business, no net tax gain. If you look at what CA gov is doing, you know what's going to happen.
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