[lbo-talk] Higher Taxes Wouldn't End Some Deficits, really?

[Wojtek S]

[WS:] I made a surplus too latimes <http://twitter.com/latimes>
lat.ms/gR1mFz <http://t.co/HmhZox7>, by releasing 50% of prisoners
(estimated number of non violent offenders who pose little danger to
society), taxing gasoline @ 50c per gallon, increasing alcohol & cigarette
taxes and increasing tax on the rich while keeping all social and
educational expenses intact.

Wojtek

On Thu, Jan 20, 2011 at 12:36 PM, Doug Henwood <dhenwood at panix.com> wrote:


>
> On Jan 20, 2011, at 12:19 PM, Jordan Hayes wrote:
>
> > The LA Times built a little tool to let you try your hand at making cuts
> and increasing taxes to see what the impact on the deficit would be.
> >
> > http://www.latimes.com/news/local/budget/
> >
> > One downside is that it only gives you knobs to change the things that
> are on the table (so you can't make up your own tax rate brackets), but I
> found it pretty easy to increase taxes and close the gap without making any
> spending cuts.
>
> Hey, I made a surplus! That was fun. Raise a few taxes, let some people out
> of jail = $683b of black ink. The link from their auto-Twitter:
>
> > See how I balanced the California budget @latimes lat.ms/hCyz5k
>
>
>
>
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>