Myth #3: Tax Increases Are a Cure for Deficits
Curing deficits by raising taxes is equivalent to curing someone's bronchitis by shooting him.
Curing deficits by raising taxes is equivalent to curing someone's bronchitis by shooting him.
Deficits, whichever way you look at them, cause grave economic problems.
Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists.
Deficits mean that the federal government is spending more than it is taking in in taxes.
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