Jack Kemp -- A Dissenting View | Jerry Taylor | Cato Institute: Commentary

Jack Kemp -- A Dissenting View | Jerry Taylor | Cato Institute: Commentary: "government spending was the true tax on the private sector. One way or another, all federal dollars come from the private (productive) sector. They might be taxed away, of course, but they might also be borrowed (meaning that taxpayers tomorrow will pay for spending today . . . with interest!) or confiscated indirectly via the printing press (that is, via inflation)."