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by John Mauldin, Thoughts from the Frontline
“The values to which people cling most stubbornly under inappropriate conditions are those values that were previously the source of their greatest triumphs over adversity.”- Jared Diamond, Collapse, 2005
Tax reform means, “Don’t tax you, don’t tax me. Tax that fellow behind the tree.”- Russell B. Long, Democratic Senator from Louisiana, longtime chairman of the Senate Finance Committee (and a strong believer in capitalism who was a champion of tax breaks for businesses)