U.S. News - Tax Views of Fred Thompson Alarms Conservatives

[lost_in_samoa]

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[foofighter20x]

There goes Fred's support.

[Hook]

He is right though. Reducing taxes and not reducing spending doesn't actually reduce taxes. The government still takes resources out of the economy, which is where the real problem lies. When the government borrows to make up the difference, people buy T-bills instead of investing in businesses. It is like arguing about which pocket the government should steal out of. It is all the same.