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Publication Date: February 1993
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Daniel J. Mitchell
Research Area: Banking and finance
Keywords: Taxes
Type: Report
Coverage: United States
Abstract:
Americans who will benefit from new or expanded programs are clamoring for higher taxes. Feigning concern for the economy as a whole, they say that raising taxes will reduce federal red ink and spur economic growth. Yet the record shows exactly the opposite. No honest lawmaker familiar with this record can vote for a tax increase while claiming to be acting in the interests of ordinary Americans.