Language can be decisive in deciding outcomes. Consider how adopting the term “death tax” in lieu of “estate tax” advanced reforms to previously unimaginable success.
The Trump tax cuts expire December 31, 2025, and so the ever-higher-tax crowd is working hard to center next year’s debate on similarly advantageous rhetorical ground. But that ground is typical swamp talk. Don’t fall for their nonsense.
Suppose Congress enacts a run-of-the-mill tax hike like a bump in the top individual-income-tax rate. Some taxpayers would then have less income and the government more as recorded by higher aggregate tax receipts. The damage done to economic […]
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