Can You Tax Your Way to Prosperity?

January 21, 2018

Can You Tax Your Way to Prosperity?

History shows that it never works but that won’t stop politicians from continuing to prove Einstein’s definition of insanity correct over and over and over.

Last year we discussed the story of how Georgia Governor Nathan Deal wound up having a conversation with Grover Norquist on the subject of taxes. (Who could have guessed that one?) Norquist warned Deal about the dangers of trying to balance the budget by way of jacking up excise taxes on things like tobacco, alcohol or sweetened drinks. The Georgian listened and the plan was tabled.

So how did it work out for the Big Apple?

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