Wednesday, September 8, 2010

Lost Federal Revenue?

Tax breaks do not "cost money." Bloated government programs cost money.

Tax cuts raises the question, "What will this do to the deficit?" and, "What will this cost the government?"

What does massive, unpredictable government programs cost in terms of "lost federal revenue"?  That statistic does not weigh so heavily on our minds.  We are counting dollars not-to-be confiscated but do not count dollars that have to be confiscated in the future.

That amounts to a lot of lost taxpayer revenue.