The Limit of Tax Revenues
Publication Date: August 2010
Publisher(s): National Center for Policy Analysis (U.S.)
Author(s): David Ranson
Keywords: tax recenues; revenues; taxes
Coverage: United States
The Greeks have always been trendsetters for the West. Washington has repudiated two centuries of U.S. fiscal prudence as prescribed by the Founding Fathers in favor of the modern Greek model of debt, dependency, devaluation and default. Prospects for restraining runaway U.S. debt are even poorer than they appear.