tag:blogger.com,1999:blog-3471471289744825428.post1586492776509036764..comments2024-03-11T00:31:41.186-07:00Comments on The Oregon Economics Blog: A Final Treatise on Sales TaxesPatrick Emersonhttp://www.blogger.com/profile/17242234148546323374noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3471471289744825428.post-61413992880802891072008-02-13T14:31:00.000-08:002008-02-13T14:31:00.000-08:00This is getting dense for the layman; glad you inc...This is getting dense for the layman; glad you included the final paragraph. On that point, the state is adding to the Rainy Day Fund, which is currently so woefully small that any kind of downturn would decimate it. Even at it's largest mandated level, it wouldn't begin to replace losses like we saw in '03. <BR/><BR/>So here's a question: how big a rainy-day fund? Surely there's a downside to having a lot of money squirreled away for years on end.Jeff Alworthhttps://www.blogger.com/profile/02930119177544342495noreply@blogger.com