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What If We Can’t Make Government Smaller?

2 pointsby primodemusover 8 years ago

1 comment

tmalyover 8 years ago
&quot;But the actual effect of cutting taxes below the amount necessary to sustain current levels of government spending only underscores the unforgiving lawlikeness of Wagner’s Law.&quot;<p>I think this article is a little dishonest. If you look at the budget law, There is an automatic built in percentage increase every year to &quot;maintain current levels&quot;. This is automatic and makes no assumption that a better process or method has been developed to make these current levels sufficient on the funding that was received from the previous year.<p>You essentially have compound interest build automatically into the budget process.