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MagneticEnergy wrote:
If the GDP growth rate is 4% per year (the US) and your ideal federal tax growth rate should be 17% of that 4% (we assume state tax will occupy another 13% or so), and no more than 30% (or limited to credit that can be paid back in 2 years) why are Democrats and Republicans growing government programs by 24% in two years when the GDP does not allow for it? 8 years of neglect requires some catching up. |
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