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Post on June 2, 2010 by 1 Comment »

Can somebody help me understand this logic from the folks on Right-Wing Avenue about the House budget?

The temporary tax increase from last year is still in there so claims of no tax increase are just wrong.

I mentioned this in today’s column about the House budget, but I still can’t really figure it out.  They think that any budget that does not repeal a tax means that it raises taxes.  So if the General Assembly didn’t raise taxes for the next ten years, every budget passed until then would include a tax hike because they increased taxes in the 2009 session?

I wonder if that means that every budget passed the year after taxes are reduced includes a tax cut. It’s probably best not to try to figure it out.

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Comments (Closed):1

  1. HunterC
    June 2, 2010 at 9:47 am

    And you didn’t factor inflation, Chris.

    Unless we’re really in a deflationary period as many economists (but strangely not the Fed) observe.

    Regardless, how silly of you to not want taxes at zero, and redistribution of more of the working poor’s income to the looter rich of Wall Street!

    I demand you ride (not on publicly funded Amtrak) right over to the gleaming new Bank of America building in Charlotte and prostrate yourself in front of it begging for forgiveness.

    And be sure to offer them some dollars you took from blue collar folks as tribute.