2 ms·
> It becomes the new normal, which means that if anybody wants to reverse course, the burden is on them to find alternative sources for $50-100MM in tax revenue
by xienze 11y ago
> It becomes the new normal, which means that if anybody wants to reverse course, the burden is on them to find alternative sources for $50-100MM in tax revenue.
That "alternative source" is invariably tax increases. Politicians aren't terribly clever about these sorts of things.
> And a major chunk of the tax revenue is explicitly earmarked for public education
That's not at all an iron-clad guarantee of how the money is spent, you may want to look up e.g., the North Carolina Education Lottery.
- hsod 11y ago> That "alternative source" is invariably tax increases. Politicians aren't terribly clever about these sorts of things. Tax increases have political cost (i.e. a politican or activist would have to expend political capital) so I'm not sure what your point is