A Reader's Guide to the Budget

July 1978
National Review;7/21/1978, Vol. 30 Issue 29, p884
The article comments on the technical language of federal budget and tax proposals in the United States which has resulted in some confusion. The term "tax reform" is always used for tax increases and never for tax cuts. The terms "equity" and "fairness" when used in relation to taxes mean that somebody else should be taxed. The term "budget restraint" is a 25 percent increase in federal expenditures in two years.


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