Tax Cuts without Spending Cuts Won't Reduce the Taxpayers' Burden
• https://mises.org, Ryan McMakenAs this election cycle has demonstrated yet again, Democrats are not shy about calling for tax increases. In every election cycle they call for more taxes, whether through corporate taxes or through taxes on unrealized capital gains.
Eliminating the Federal income tax altogether should work well to cut government spending, one way or another. | The IRS income tax is what determines how much the government can borrow from the Fed. No tax, no borrowing. It would ultimately destroy the Fed, and place the money back under the US Treasury, where it is supposed to be.