As California has failed to learn two years in a row (well, more than that), if you raise taxes at any point over the optimum on the Laffer curve, people flee or reduce their productivity to avoid taxes.
So you get less, not more.
Unless the population is willing to work mostly for the government (and we aren’t) you can’t *have* a European-style lord-serf welfare state.
And in contrast to CA, TX just proved out the Laffer Curve — again*.
If the Lairds are going to provide full employment for Teh Peons, eventually *someone* is going to have to be Groom of The Stool.
“But what will all these people *do* if we’re not here to provide them with something to do??!?”
Hm, lessee, I dunno — maybe something productive?
Comment by Claire: rebellious pink pig with car keys - and a *cause* — January 8, 2013 @ 11:45 pm
As a society, we object to visible warts, dandruff, bad breath, and parasitic infestations, but allow people just as objectionable to collect government funds. I think it’s ironic, but don’t pay attention to me, I go to work every day. What would I know?