LogFAQs > #965030713

s0nicfan posted...

Basically. It also basically hinges on the country not going into a recession, since the last time this sort of taxation approach was used according to the article was right before the dot com bubble burst and California ended up in a decade of deficit because of it:

The other part of that is lack of fiscal responsibility on the other end.
Every damn time the math suggests that money a government expects to bring in will exceed what it expects to pay out, all that ever happens is smorgasbord of more spending before those expectations are even close to realized.