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Publication Date: July 1987
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Stephen Moore
Research Area: Banking and finance
Keywords: Budget
Type: Report
Abstract:
The U.S. public has been duped twice already in this decade by hollow promises from Congress that a tax hike would be used to finance deficit reduction. Both times taxpayers got the new taxes, but not the deficit reduction. This is not the time for Americans to learn another costly bait-and-switch lesson.