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Paying the Costs of Competition

Net Assessment

CHAPTER

The Importance of Tax Rates

I'm not convinced by what the payoff to the United States is of victory over China, which what does that even look like? The collapse of the Chinese Communist Party, a democratically elected state. So what I fear they're doing is they're asking people to make sacrifices indefinitely without a clear benefit. And part of the problem is it's not clear exactly how much money you would need to spend for total security.

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