William Niskanen
June 19, 2012
Cutting Taxes Increases Spending!
The Washington Post’s Ezra Klein has a fascinating post on the relationship between taxation and spending. It’s an article of faith among some conservatives that if you “starve the beast” that is federal spending by cutting taxes then spending will eventually have to come down. It’s been pointed out more than once that this hasn’t worked very well in the past. Cutting taxes without also cutting spending mainly has the long-term effect of increasing the deficit.
September 13, 2004
Tanked
Risen: How George W. Bush lost the Cato Institute.
