Fed Survey: The Economy is Mending

Wendya9/09/2009 12:28:10 pm PDT

re: #196 experiencedtraveller

California, New York and New Jersey are just getting started with their taxation schemes. They’re setting the standards. And its coming to a state near you very soon…

As unemployment rises, tax and payroll receipts decline. Increases in taxation will not lower unemployment, it will increase it further or keep it at steady at high rates.

What’s the definition of insanity?