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Taxes and capital

February 24, 2013
Williamsport Sun-Gazette

Many politicians are nonchalant today about raising taxes. They look at it as a solution to our endless budgetary ills. It seems impossible to satiate these politicians. They show their widespread misunderstanding of capital. On the other hand, they always run out while spending other people's money. This is called Keynesian economics, the death nail in the coffin of economic growth.



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