Big Blitz Posted Wednesday at 05:35 PM Posted Wednesday at 05:35 PM Since when have libertarians argued that NOT raising taxes “costs” the government money? Private money yet to be earned does not “belong” to the government. This is a Democrat-collectivist argument and I’m shocked to see libertarians deploying it. Under this ludicrous theory, one could raise taxes to 90% on everyone and declare the deficit solved.
BillsFanNC Posted Wednesday at 05:37 PM Author Posted Wednesday at 05:37 PM I see some self-described libertarians siding with lefty bureaucrats at CBO who claim the Big Beautiful Bill will “explode the debt.” This is based entirely on CBO claiming that extending the current tax rates (not raising them) will “cost” the government $4 trillion in revenue. Since when have libertarians argued that NOT raising taxes “costs” the government money? Private money yet to be earned does not “belong” to the government. This is a Democrat-collectivist argument and I’m shocked to see libertarians deploying it. Under this ludicrous theory, one could raise taxes to 90% on everyone and declare the deficit solved. BBB cuts taxes, cuts spending, reforms welfare and *ends mass migration*. On the last point, anyone serious about limited government and improving America’s financial health would understand that ending mass migration is the prerequisite for every other problem we wish to solve. Of course, true libertarians don’t believe in borders at all…
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