Posted by: The Dauntless Conservative | December 7, 2010

Hauser’s Law


I came across a facinating article in the Wall Street Journal about Hauser’s Law. W. Kurt Hauser is chairman emeritus of the Hoover Institution at Stanford University.

Excerpt:

“Under a tax increase, the denominator, GDP, will rise less than forecast, while the numerator, tax revenues, will advance less than anticipated. Therefore the quotient, the percentage of GDP collected in taxes, will remain the same. Nineteen percent of a larger GDP is preferable to 19% of a smaller GDP.”

http://online.wsj.com/article/SB10001424052748703514904575602943209741952.html

http://www.hoover.org/publications/hoover-digest/article/5728

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Responses

  1. I’ve noticed that all of the articles you cite are from heavily biased, right wing newspapers and news channels. So really, you’re not being accurate, you’re just being a hate mongre who’s selling off his opinions as facts.

    • Show me how my post makes me a hatemonger? “Heavy rightwing”. Not rightwing, just right. More more truth there than anything you have posted. Can you prove otherwise?


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