This entry was posted on Wednesday, February 27th, 2008 at 10:11 am and is filed under Society & Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
Long, Slow Burn
Archery, motorcycling, water rockets, and other useless hobbies
Hong Kong is currently going through a boom. They have a budget surplus, so what are they doing? They’re spending a little bit more … and cutting taxes a good bit! Cutting taxes in turn, should increase the amount of business and, in turn, create more business!
Would that ever happen in the United States? I think not. First, spending less than we make in taxes, is unfathomable. (Grrr!) And if we did have a true surplus (A TRUE SURPLUS! not just a budget surplus), do you think that our politicians would cut taxes?!? Without a big fight?!?
Anyway, here’s the article: Booming Hong Kong cuts taxes as surplus soars
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