Public Spending and Taxpayers' Money

The state has no source of money other than the money

people earn themselves. If the state wishes to spend

more, it can do so only by borrowing your

savings or by taxing you more. And it's no good thinking

that someone else will pay. That someone else is you.

There is no such thing as public money.

There is only taxpayers' money.

End of transcript · 63 words

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