Mises Wire
Author:
Matthew Bankert
Online Publish Date:
People often speak of tax cuts using topsy-turvy lingo like this quotation from the Committee for a Responsible Budget: “the country currently spends $1.6 trillion per year on tax breaks.” Or, as The Hill claims: “ GOP tax plan would cost $2.4 trillion .” Statements like these make it sound like a tax cut is something you have to buy — as in, you