It’s always easier to spend someone else’s money—and voters are often eager to believe politicians when they promise to do just that. That’s probably why Donald Trump’s promise to make Mexico pay for a border wall resonated with his base. Certainly, it’s why Democrats have stuck to class warfare talking points, telling voters a tax on Jeff Bezos will somehow pay for a European-style welfare state.
Indeed, politicians always seem to promise voters that their grand spending plans will be funded by taxes (or tariffs) on “someone else.” Democrat presidential hopefuls have been promoting a slew of “soak the rich” […]
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