The real questions are: What should our government fund when it issues our currency? Tax to help regulate inflation and inequality by removing excess government spending from the economy? What should banks fund when they issue loans (private debt)?
Welfare, as defined by Coolidge. "If with increasing business our revenues increase, such increase should not be absorbed in new ways of spending. They should be applied to the lowering of taxes. In that direction lies the public welfare."
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2/. Our tax policies should reflect the role taxes play in our economy. And we always need to begin with what comes first: The distribution of dollars.
Fin de la conversation
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When people ask what candidate “speaks to me,” or appeals to me at the national level, they return a puzzled look when I say, “Calvin Coolidge.” He was the last President to really grasp the key functions of government, and the power of just staying out of our way.
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