[MCN] Call it what it is, the Debt Tax

[Lance Olsen]

As I type these words, politicians’ make war on taxes, then borrow and spend. Like any other tax, the debt will have to be paid.

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"'Friends," said he, 'the taxes are indeed very heavy, and, if those laid on by the government were the only ones we had to pay, we might more easily discharge them; 
but we have many others, and much more grievous to some of us. We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly  ....   "   

"Away then with your expensive follies, and you will not then have so much cause to complain of hard times, heavy taxes, and chargeable families   ....  "      

"Here you are all got together at this sale of fineries and knick-knacks. You call them goods; but, if you do not take care, they will prove evils to some of you."

Benjamin Franklin, “The Way to Wealth” (1758). [The classic Franklin summary of his advice from Poor Richard's Almanac.] 
http://www.swarthmore.edu/SocSci/bdorsey1/41docs/52-fra.html <http://www.swarthmore.edu/SocSci/bdorsey1/41docs/52-fra.html>




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