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Milton Friedman painstakingly designed the income tax withholding precisely to facilitate increased spending. Given his great body of works and actual experien
by ty6853 2y ago
Milton Friedman painstakingly designed the income tax withholding precisely to facilitate increased spending. Given his great body of works and actual experience in implementation, I don't think his opinions are brushed away by your strawman fight about what frugality was said to be .
He advocated for eliminating automatic withholding because he saw exactly how it manufactured assent for spending [0], an effect of his own mechanisms he helped design for the circa WW2 war era.
https://archive.org/details/twoluckypeopleme00frie https://archive.org/details/twoluckypeopleme00frie