Taxation

Raise taxes on the rich?

This meme has been making the rounds, in various forms, online.  It’s almost credible. Yes, taxes were so high in the ’50s and ’60s that many reasonable people thought them to be confiscatory.  Yes, America built the interstate highway system — but used eminent domain to do so.  Would you be crowing about this accomplishment if it was your…
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Taxation and Manifest Destiny

From early on, the tax policy of this country was, “You need a bridge? Great! Let me sell this lot to Mr. Jones…okay, here’s your bridge appropriation.” We literally got used to getting things for nothing.