Governor Arnold, heard at a town hall meeting in Northern California this week:
"’The way we are taxing. I mean, we are missing a lot out there,’ the governor said. ‘There’s whole new economies that are developing, service-oriented economies. Manufacturing is going down.’"
Wow. That is deep stuff. I mean, there is lot’s of stuff out there we can tax.
Milton Friedman, where are you when we need you?