Will tax reform increase or limit liberty?

Source: Campaign For Liberty
by Ron Paul

"Pairing tax cuts with increases in federal spending and debt — and the drafters of the framework admit their plan will increase the debt by at least $2.2 trillion — means that the economic benefit from the tax cuts will be outweighed by the economic harm caused by the increase in debt. Increasing the debt also means the Federal Reserve will further devalue the dollar in order to monetize that debt. While the Republican tax and budget plans predict uninterrupted economic growth, the US economy is far more likely to undergo a major economic crisis caused by a rejection of the dollar's world reserve currency status. While all supporters of individual liberty and sound economics should support tax cuts, the Republicans' failure to cut spending means that their tax plan will do little to increase liberty or prosperity." (10/09/17)

http://www.campaignforliberty.org/will-tax-reform-increase-limit-liberty