[quote=permabear]Without raising taxes a good 20-30%, and laying off large amounts of public workers, I agree with flu that we’re more or less screwed.
Much of the American quality of life has been based on an unsustainable rate of population growth, combined with taking advantage of foreign resources and workers. Those wells are drying up.[/quote]
They raise the taxes that much they will crush the state. Again, this is the age old argument of increasing rates does not increase revenues. Increasing taxes that much will result in a mass exodus out of the state…more than is already happening. I would be one of them. Producers would leave, takers would stay, situation would be even worse.
Slash the rates, give the companies at least a shred of reason to stay (we have some of the most anti-business laws) and maybe we can actually produce something other than more bureaucracy and government employees that only take.
