Tuesday, August 14, 2018

TAXES, THE LAFFER CURVE and government revenue.
The purpose of government is not to squeeze the largest possible amount out of its citizens. The purpose of government is to carry out its legitimate functions as efficiently as possible, so as to enable the lowest reasonable tax rates. If those rates result in more revenue, as Milton Friedman once said, that means you haven’t cut them enough.
I like Milton Friedman.

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