Officials declined to borrow against next year's state aid, they refused to trim extracurricular activities and they did not consider seeking a smaller — perhaps more acceptable tax increase.

学校官员不愿借用下一年度的州补助金，他们不愿削减课外活动，也不愿考虑财产税征幅小一点——这也许更易被接受。

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Officials declined to borrow against next year's state aid, they refused to trim extracurricular activities and they did not consider seeking a smaller—perhaps more acceptable—tax increase.

官员们拒绝借用下一年度的国家补助金，拒绝削减课外活动，也没有考虑寻求一个更低的（也许是更易接受的）税收增长。

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QUESTION FROM SEAN DOYLE: What would be the highest federal marginal income tax rate that you would deem acceptable?

西恩。多勒的问题：你可以接受的最高的联邦边际税率是多少？

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People invest to make money after tax: the higher the tax rate, the fewer investment opportunities that can produce an acceptable after-tax return.

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The White House has stopped negotiating for ideal or even acceptable tax policy and moved to negotiating stimulus policy.

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With projected federal spending topping 34 percent of GDP and the known politically acceptable levels of federal tax revenues falling below 20 percent of GDP, we are between the proverbial rock and a hard place.

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