Episode 153 – Free To Choose 1980 – How to Cure Inflation (Podcast)
Free To Choose Media Podcast
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Taxation Without Representation
bob crawford earned 12 thousand dollars in 19 72. After paying income tax on the rest, he had this much left to spend. Six years later, he was earning 18 thousand dollars a year. However, those dollars weren't worth anything like as much. His buying power hadn't kept up with inflation. That is taxation without representation.
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