“Government spending is always a “tax” burden on the American people and is never equally or fairly distributed. The poor and low-middle income workers always suffer the most from the deceitful tax of inflation and borrowing.” PeopleGovernmentSufferingPoorMiddleTaxesLowsWorkersBurdenSpendingIncomeInflationBorrowingDeceitfulGovernment SpendingTax Burden Author:Ron Paul
“I am no longer going to go along with this idea that we're going to keep spending and borrowing and taking over and raising taxes, that I'm going to do everything I can to change things.” I CanIdeasTaxesSpendingBorrowingRaising Taxes Author:Chris Matthews
“If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.” PeopleIfsDoeGovernmentCoursesNationsDealsPoliticianTaxesPercentConsequenceMethodAvailableIncomeTaxationDeficitDown The RoadBorrowingIndirect Author:Milton Friedman
“Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.” PeopleGovernmentTaxesSpendingFinanceEfficientCurrencyBorrowingGovernment Spending Author:Richard Wagner