Source: Cobden Centre
by Dr. Frank Shostak
“Government uses various methods to divert wealth from wealth producers toward its activities. These methods include direct and indirect taxes and levies, monetary printing as a result of government borrowings from the central bank and borrowings from the private sector. The method of diverting wealth is of secondary importance. What matters here is that wealth is taken from wealth producers. The more that is taken, the higher the effective tax imposed on the wealth-generating private sector is going to be.” (04/28/26)
https://www.cobdencentre.org/2026/04/the-true-tax-reduction-is-reduction-in-government-outlays/