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Old 01-02-2012, 12:19 PM
ohreally ohreally is offline
 
Join Date: Jan 2010
Posts: 666
Default Re: Be Seeing You (Robert Wright & Mickey Kaus)

Quote:
Originally Posted by badhatharry View Post
I know this is from the Cato Institute and all but I thought it was interesting. It looks like the expenditures have risen lately to over 25%.
It's been the triumph of regressive taxation: Warren buffett is taxed at 17% and his office secretary at 30%. Which is why whether your name is Obama or Romney makes no difference: the right has won and the left has lost.

Recent rise in expenditures has a lot to do with the recession and the loss of tax revenue.
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