tag:blogger.com,1999:blog-3758330678390419129.post5417174363263417075..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: What is the "Fiscal Cliff"?Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3758330678390419129.post-32119818985819355662012-11-09T09:03:52.962-05:002012-11-09T09:03:52.962-05:00Can't anyone in govn't do basic math?
If...Can't anyone in govn't do basic math? <br /><br />If GDP growth at best was 2% annualized and tax increases proposed are 4% of GDP, shouldn't we expect a net -2% GDP?<br /><br />A con-business tax policy.HectorinMiaminoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-74275944178055624222012-11-08T14:18:34.508-05:002012-11-08T14:18:34.508-05:00Robert,
What is amazing to me is that this is the...Robert,<br /><br />What is amazing to me is that this is the proposal, not even what will get enacted.<br /><br />On top of that there is the unseen effect of tax increases, as France is now experiencing.<br /><br />The irrespective of the proposed additional revenue, the net effect will always be less than expected. Solely because of human action compensating for paying higher taxes, the Cory Bricknerhttps://www.blogger.com/profile/04615059918614218841noreply@blogger.com