[quote=GH]
I am not advocating 0% tax, since obviously we would quickly see anarchy. California raised sales tax and collects less income. Less products and cars are sold as a result, less income tax is collected and eventually more tax is collected on less sales resulting in a net loss.[/quote]
Red herring. In a recession of this magnitude, a 1% tax rate change will vanish in the noise of other factors. The signal to noise ratio of this point is terrible.
