Milton Friedman Speaks: Is Tax Reform Possible? (B1231) - Full Video

Published 2016-03-21
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. Our only hope for tax reduction is in establishing constitutional provisions that will set limits on government spending. Recorded at Americanism Education League, Pasadena, CA ©1978 / 1:20:48.

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All Comments (9)
  • @niconesta8566
    How is this not eaten up by everybody, this man is giving me new insights in 2020....
  • @DrBoofenstein
    Hearing him talk about Orwellian new speak way back then is frightening, I can’t imagine how much worse it’s gotten since then and no one realizes
  • @posmaster22
    i wonder how long until miltons videos get removed
  • @acctsys
    19:05 is most profound. I don't know how people could accept themselves being treated as cattle.