John Maynard Keynes preferred tax cuts Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget. For to take the opposite view today is to resemble a manufacturer who, running at a loss, decides to raise his price, and when his declining sales increase the loss, wrapping himself in the rectitude of plain arithmetic, decides that prudence requires him to raise the price still more—and who, when at last his account is balanced with nought on both sides, is still found righteously declaring that it would have been the act of a gambler to reduce the price when you were already making a loss.
Nice job taking that out of context, which is probably why you didn't link to the work that came from. I have highlighted the key words for you. So I guess you are going to have to go back to your masters and ask them to show you that our taxes are so high as to defeat the object. . .
Does a quoted text need to be linked Granted, the left likes to live off the labour of others but it does not seem like a lot of work to do.... Your highlighted text proves nothing except that your reading comprehension is poor The main point still stands When reviewed in its whole "Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget." Considering the amount of useless debt we have incurred because of Papa Obama spending too much is the problem as oppossed to not taxing enough As such, your "point" has failed- try again Regardless, he correctly states that tax cuts are the preferred fiscal tool My only master, is the gov't No doubt you will have to go back to them to ask for more help Funny how the extreme left loves to use Keynes to justify gov't spending money and deficit spending... Yet, they know so little about what he actually wrote or said Master, indeed
