Tuesday, November 23, 2010

A Sucker's Play -- Each $1 in Higher Taxes Results in $1.17 of New Spending

Linked from the Tax Professor Blog, and interesting reading even if you don't know a thing about taxes. Best line of the article - "Our research confirms what the late economist Milton Friedman said of Congress many years ago: 'Politicians will always spend every penny of tax raised and whatever else they can get away with.'" More...

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