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If deficits don't matter, why bother with taxes? The regime has the answer: taxes are important for punishing people we don't like, rewarding our friends, and for maintaining control over the public.
Original Article: "If Deficits Don't Matter, Why Bother with Taxes?"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Peter St. Onge
Peter St. Onge is a Mises Institute Associated Scholar and a Fellow at the Montreal Economic Institute. For more content from Dr. St. Onge, subscribe to his newsletters on the economy and cryptocurrency.