With Taxes, We Can't Afford Not to Reduce Them

With Taxes, We Can't Afford Not to Reduce Them
AP Photo/J. Scott Applewhite

The folks in Washington have a knack for almost always asking the wrong question, and then coming up with an answer that makes things worse. The current debate about tax reform is a prime example. Many Democratic critics, some Republican critics (mainly from the conservative side), and many in the media argue that we cannot afford a tax cut. In reality, we cannot afford not to cut tax rates.

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