Editor: Paul L. CaronPepperdine University School of Law
Sponsored by Wolters Kluwer
Monday, September 29, 2008
By Paul Caron
Ranking Member Charles Grassley posted this Tax Thermometer on the Senate Finance Committee website:
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Any statistical data/proof to support this; any basis/criteria for his 'thermometer' provided? I would love to have it, as the liberals of my office for some reason find this thermometer offensive. ?????
Posted by: C.R.Sweitzer | Oct 1, 2008 11:43:40 AM
This is not a very useful chart. Firstly, adjustments for inflation, if any, need to be clearly documented. If one assumes that these numbers are adjusted to recent dollars, the scale represents a very small fraction of the overall budget: the extreme end of $39B is less than 10% of the average annual deficit since George W. Bush took office.
Posted by: Frank Siler | Oct 4, 2008 1:52:20 AM
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