Austrian Economics, a lens on everyday reality Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Austrian Economics, a lens on everyday reality

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Aloysius Q. Finnegan who wrote (363)	11/7/2008 12:37:09 PM
From: Elroy Jetson	Read Replies (1) of 445

When a government funds their war with a tax, everyone understands what is going on. This is one of the most admirable things LBJ did when he asked Congress to impose a 10% income tax surcharge to pay for the war in Viet Nam. Very unpopular at the time, and necessary. In contrast George W. Bush decided to fund his was in Iraq with debt and tax revenues generated by a real estate bubble. This is dishonest. He knew Americans would not support the war in Iraq if they were asked to pay for it. Taxes let the general population decide if the barbarians are truly at the gate, or if the emergency is merely the leader's vanity. .

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next