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Friedman’s worst idea that remains in vigorous implementation was automatic income tax withholding. He poured jet fuel into an engine of runaway state growth bu
by gbacon 7y ago
Friedman’s worst idea that remains in vigorous implementation was automatic income tax withholding. He poured jet fuel into an engine of runaway state growth but is somehow remembered as a libertarian.
- gojomo 7y agoAnd look at the meager thanks Friedman gets from those like Applebaum craving ever-greater tax revenues!
- gnusty_gnurc 7y agoHe was an economist during an era where progressivism explosively grew the administrative state and really didn't have any checks. They were enabled by war. What you're talking about was one of his biggest regrets. > "It never occurred to me at the time that I was helping to develop machinery that would make possible a government that I would come to criticize severely as too large, too intrusive, too destructive of freedom. Yet, that is precisely what I was doing. [My wife] Rose has repeatedly chided me over the years about the role that I played in making possible the current overgrown government we both criticize so strongly." [1] : https://www.theguardian.com/commentisfree/2006/nov/16/post650 https://www.theguardian.com/commentisfree/2006/nov/16/post65...