« Out-Migration from Arlington County: Taxes and More Affordable Housing as Causes | Main | Seattle Voters "Scald" the Latte Tax »

A Real Taxpayer's Friend

There are certainly many ways to describe Milton Friedman, e.g., winner of a Nobel prize in economics in 1976. A survey of conservative bloggers ranked him 15th among "The Greatest Figures of the 20th Century. An interview with the economist posted on Right Wing News, however, revealed what a friend he is to taxpayers. In response to a question about the wisdom of the Bush tax cuts, Friedman answered, "I am (in) favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. The reason I am is because I believe the big problem is spending. The question is how do you hold down government spending . . . The only effective way I think to hold it down, is to hold down the amount of income the government has. The only way to do that is to cut taxes." That pretty much parallels what he wrote in the Wall Street Journal's OpinionJournal on Sunday, January 19, 2003, when he wrote, "I have long said, 'I never met a tax cut I didn't like' -- though I would go on to say that I like some better than others . . . I believe that government is too large and intrusive, that we do not get our money's worth for the roughly 40% of our income that is spent by government -- federal, state, and local -- supposedly on our behalf . . . how can we ever cut government down to size? I believe there is one and only one way: the way parents control spendthrift children, cutting their allowance. For government, that means cutting taxes."

TrackBack

TrackBack URL for this entry:
http://acta.us/growls-mt/mt-tb.fcgi/69