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Is it even possible?

To over-tax that is?

You can check the comments to this post to catch-up. I think we are down to language again where there is a confusion by what I mean by over-taxation. In my mind a budget is a one shot deal. You plan on what you will spend on. You raise revenue (primarly through taxation) to pay for your programs. If you spend all of what you intended to spend on and you still have some left over you must have raised more revenue than expected. This for all intents and purposes can only have been done by taxing a level that was too high to balance your spending. This is a limited thing insofar as over-taxation is a yearly budget point of view.

I understand that socialists would rather we spend more or to do so raise more taxes (trust me, I understand it every time I look at my pay cheque) but this is not what I mean by a budgetary over-taxation. If you say you are going to spend x by raising x in taxes AND you get elected then good for you. All is far in love and democracy. But it leads me to one question. Can you concede that it is possible over-tax in general? Not in a specific, one-year budget point of view, but in a cumulative point of view. Can a government set their tax level too high? At what level is it? And how close is Canada to this point?

Oh yeah, I would rather not read a conservative response to this...I already know your answer.

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This page contains a single entry from the blog posted on October 11, 2005 6:41 PM.

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