06 January 2007

How to pay for the Global War On Terror

Some people think that the way to do it is to raise taxes. This is madness.

We pay for the war by maintaining an economy strong enough to kick ass on seven continents and the moon. You do that by keeping taxes low, which actually increases total revenue. If instead you raise taxes, you slow the economy, and you wind up with a larger slice of a smaller pie.

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