Mises Daily
Author:
Clifford F. Thies
Online Publish Date:
Responding to a question at the Brookings Institute, US Secretary of State Hillary Clinton remarked, Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what — it’s growing like crazy. And the rich are getting richer, but they’re pulling people out of poverty. There is a certain formula there that used to work for us until