Wednesday, May 12, 2010

Taxing Incomes & Estates

Ludwig von Mises:
If the present American methods of taxing incomes and estates had been adopted fifty years ago, most of those new things which no American would like to do without today would not have been developed at all or, if they had, would have been inaccessible to the greater part of the nation. (Theory and History, p. 238)

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