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Archive for June 12th, 2017

Why Higher Taxes Won’t Pay for New Welfare Programs

Monday June 12th, 2017   •   Posted by Craig Eyermann at 6:41am PDT   •   0 Comments

Economist Tyler Cowen has a thought-provoking op-ed in Bloomberg that challenges the government bureaucrat industrial complex argument that higher taxes on the rich will provide enough money to pay for every welfare program they want. Here’s perhaps the most eye-opening part of Cowen’s article: If we look at the overall fiscal position of the…
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