Wednesday, October 19, 2011

A Prophetic Statement About Tax Cuts

From a 2004 column:
“The growing federal debt is virtually certain to lead to offsetting tax increases down the road. Does anyone really believe that in 10 years, when Social Security and Medicare benefits are imminently threatened, Congress will not try to increase revenues to keep the benefits flowing a bit longer?”
Daniel Sahviro, Quoted in "Tax Cuts = Big Government"

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