Sunday, October 8, 2017

Natural Disasters And The Myth Of Lowered Taxes

     The United States has been hammered by hurricanes. Politicians want to lower taxes. (That is all amoral wall street wants to hear.) Nobody thinks about the high costs of natural disasters, and how the government is forced to spend money whether it likes it or not. The money printing presses keep rolling and deficit spending continues. Spending money that the government does not have and then lowering taxes may seem like tax decreases, but they are taxes placed on the future.

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