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About this quote

What does it mean?
He suggests income tax sustains wasteful spending and economy is hard to restore.
In plain terms
Income tax might keep spending high and savings low.
What can you take from it?
Tax policy affects spending habits.

Where it applies

  • budgeting
  • tax reform
  • economic policy

Putting it to work

  • reforming taxes
  • reducing spending
  • improving economy

Questions to consider

  • How to cut spending?
  • Is tax the cause?

Another view

Other factors also drive spending.

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