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Why Taxes Don't Matter Much Anymore

Thursday, August 28, 2008 by Jeffrey A. Tucker

Why is it that talk of tax policy doesn't seem to have a relationship to policy generally? Whether it's a bailout of subprime mortgage holders, large investment banks, or going to war, whether or not the resources exist to do these wonders rarely enters into the equation. Why is it that tax cuts don't curb the government? And why do politicians not feel the need to tax us more when they spend more?

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