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Yes, well actually if the economy grows at all, a constant tax rate brings in more revenue, while we tend to spend more too. But I agree it is theoretically pos
by dtwest 6y ago
Yes, well actually if the economy grows at all, a constant tax rate brings in more revenue, while we tend to spend more too. But I agree it is theoretically possible.
In Andrew Jackson's case they also raised taxes:
https://en.wikipedia.org/wiki/Tariff_of_Abominations https://en.wikipedia.org/wiki/Tariff_of_Abominations