[ExI] The Dogs of Immortality

[Stathis Papaioannou]

2008/7/14 John K Clark <jonkc at bellsouth.net>:

> I don't find that odd at all, there is little incentive to lower the tax
> rate. My time, enthusiasm, contributions and lobbying efforts could be
> better spent trying to get a candidate in office that will give me a subsidy
> or protect me from competition. It will only help
> me and a small group of people just like me so it won't cost all that much,
> so the general tax rate won't go up all that much, so it will generate
> little opposition. I mean it's just one program, we can afford that!  And if
> you help me get the bill passed that destroys my competition then I'll help
> pass the bill that subsidizes you.
>
> And so it goes. Before you know it you've got ethanol subsidies.

Even better than tax cuts with decreased spending is tax cuts with the
same or increased spending, through the magic of budget deficits. It's
just one program, it's not as if it's going to make the dollar crash
or anything!



-- 
Stathis Papaioannou