See Also - Sudha R. Shenoy, Are High Taxes the Basis of Freedom and Prosperity?
According to Sachs, F. A. Hayek, “the Austrian-born free-market economist, . . . suggested that high taxation would be a ‘road to serfdom,’ a threat to freedom itself.” There is now, however, “a rich empirical record to judge [this] scientifically.”
See Also - Sudha R. Shenoy, Are High Taxes the Basis of Freedom and Prosperity?
According to Sachs, F. A. Hayek, “the Austrian-born free-market economist, . . . suggested that high taxation would be a ‘road to serfdom,’ a threat to freedom itself.” There is now, however, “a rich empirical record to judge [this] scientifically.”
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