Friedman On Taxes

[Gipper]

"I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. The reason I am is because I believe the big problem is not taxes, the big problem is spending. The question is, 'How do you hold down government spending?' Government spending now amounts to close to 40% of national income not counting indirect spending through regulation and the like. If you include that, you get up to roughly half. The real danger we face is that number will creep up and up and up. The only effective way I think to hold it down, is to hold down the amount of income the government has. The way to do that is to cut taxes." --economist Milton Friedman (1912-2006)

And libs think tax cuts cause deficits. They never consider that spending is out of control and the real cause of the problem. Then they think taxing the rich will fix the deficit, when history shows increasing tax rates does little to control the deficit.

Dr. Friedman is right. Cutting taxes may be the only way to control the stinking progressive bastards in DC and as Reagan, Coolidge, and JFK proved it results in increased economic activity and rising productivity.