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(, Sun 1 Apr 2001, 1:00)
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PJM
With this in mind, it surprises me that they don't go for the massive tax hike option.

No government is going to significantly put taxes up if they stand a chance of being re-elected; there's not much that puts voters off more, I'm sure. However, if you know that you're not going to be re-elected, and that your legacy will be as the government that oversaw such a disastrous decline in economic stability, would you not want to try to do something about rectifying it?
(, Fri 18 Jul 2008, 13:41, Reply)

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