Path: utzoo!utgpu!watmath!watcgl!kim
From: kim@watsup.waterloo.edu (T. Kim Nguyen)
Newsgroups: can.general
Subject: Re: Tax Revolt Now!!
Message-ID: 
Date: 14 Aug 89 20:09:51 GMT
References: <2713.24E6443D@isishq.FIDONET.ORG>
Sender: daemon@watcgl.waterloo.edu
Organization: PAMI Group, U. of Waterloo, Ontario
Lines: 16
In-reply-to: Steve.Kannon@f71.n221.z1.FIDONET.ORG's message of 13 Aug 89 11:19:30 GMT

In article <2713.24E6443D@isishq.FIDONET.ORG> Steve.Kannon@f71.n221.z1.FIDONET.ORG (Steve Kannon) writes:

   Instead, we get Mike Wilson espousing the glories of doing just the 
   opposite. He hopes to invoke a regressive system which even his business 
   allies say will slow down an already slowing economy, boost inflation, 
   increase unemployment rates, create a nightmare of red tape, and put 
   4,000 more paper pushers on the government payroll. 

The FST will indeed slow the slowing economy, but I fail to see how
that will boost inflation.  Oh, OK, maybe I do.  Costs will rise, so
there might be some inflationary pressure to increase wages, however
isn't it likelier that people will reduce their discretionary
expenditures? 
--
Kim Nguyen 					kim@watsup.waterloo.edu
Systems Design Engineering  --  University of Waterloo, Ontario, Canada