Interesting (and no doubt controversial depending on your political persuasion) analysis of effects on economy of government’s treatment of taxation and national debt. Essentially, article argues that government should spend any surpluses on tax reduction to stimulate growth (reduced revenues partially being offset by taxes from the higher base).
Content: Article
Author: John H. Makin
Source: American Enterprise Institue
Subject: Economics
Industry: Government
Author: John H. Makin
Source: American Enterprise Institue
Subject: Economics
Industry: Government
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you may or may not agree with everything said (it presents virtually no mathematical basis) but it’s definitely a worthwhile read!