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”’GRIH Comment: It is interesting that no matter what the situation, a potential increase in tax revenues, as we have here in Hawaii, or a potential shortfall as in South Carolina, politicians advocate the same solution, an increase in taxes. In the case of the former as proof the people can afford it, and in the latter as proof they aren’t paying enough. As John Hood alludes to in this editorial, the real solution, reining in spending, is simply never considered. (dn)”’
The North Carolina General Assembly convenes its 2005 session this week accompanied by a familiar refrain: “There’s a great big hole in the budget/ And it’s the taxpayers