May 26, 2010

50 Experiments: Taxes

Some time ago I posted about the 50 Experiments Theorem and it's impact on health care and on education in America.  It looks like we are going to be seeing an example in the near future,  of two experiments on taxes.  New Jersey versus California and paying down state debt using no tax increases (New Jersey) or billions in new taxes (California, thanks to the Democratic state legislature).  The solutions will take years to work or fail, but no one should forget that this is a great head to head comparison on paying down state debt, or at least stopping the increases by taxation versus a budget freeze.

You know who my money is on.

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