Plot: Why do Americans pay more in taxes than they really want to? Can they do anything about it? Americans must understand that their true tax burden is what the government spends—regardless of how that spending is financed — and that if government spending goes up faster than prices in general, the real tax burden increases. Simplifying the system is far from easy, but the real defect is not in the tax system, anyway, but in the budget structure
Milton Friedman Speaks - Season 1 - Is Tax Reform Possible? (Lecture) (Episode 13)
Episode Aired On:
Sunday, February 12 1978
46 years ago
Sunday, February 12 1978
46 years ago