Robert Reich: In truth, the most important variable explaining the rise and fall of tax revenues as percent of GDP has been the business cycle, not the effective tax rate.
by Herb Engstrom – The October issue of “The Democratic Voice,” the newsletter of the Santa Clara County Democratic Club, contained an article entitled “No on Proposition 11″ by member Jeanne Lamar. Those of us who support Prop. 11 were not given an opportunity to respond before the publication of the newsletter. I’ll take this [...]