The Limit of Tax Revenues


 

Publication Date: August 2010

Publisher: National Center for Policy Analysis (U.S.)

Author(s): David Ranson

Research Area: Government

Keywords: tax recenues; revenues; taxes

Type: Report

Coverage: United States

Abstract:

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.