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Everybody Should Pay Some Tax, Just As Everybody Should Vote.
-Amity Shlaes
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Everybody Should Pay Some Tax, Just As
Amity Shlaes
Everybody Should Pay Some Tax, Just As Everybody Should Vote.
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More From Amity Shlaes
Coolidge Thought Budgets Were Virtuous. He Had His Econ Straight. He Didn't Just Cut Taxes, He Also Cut The Budget.
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Anyone Who Experienced World War I Close-hand Was Grossed Out By It Forever. It Just Was So Awful.
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We're In A Kind Of Vicious Cycle Where The Media Tell The Politicians, And The Politicians Tell The People, That Perception Is Reality, And The Perception Of Saving Dooms A Politician. I Don't Believe Perception Is Reality, Or That All Americans Think That.
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Coolidge Was A Pragmatist. He Didn't Start Out With A Tax Theory. But He Observed Over Time That Lower Tax Rates Sometimes Brought In Extra Revenue. The Success Of His And Treasury Secretary Andrew Mellon's Experiment With Rate Cuts Has Been Obscured By Our Modern History Books.
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Coolidge Liked The Dignity Of The Presidency. He Didn't Get On The Phone Easily. It's Possible That He Banished The Phone From His Desk. He Was Known To Use It From Time To Time. The Person Who Was Hilarious With The Phone Was Hoover. He Was A Real Engineer. He Made A Closed Circuit Phone Where He Could Call The Important People And They Could Call Him, A Government Hotline, But It Was Closed. He Shut Out The Possibility Of Input From People He Didn't Expect To Get Input From.
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