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The tax revolt I wrote about in 1978 is still with us today

DataDrivenInvestor - Medium·Michael Busler·about 14 hours ago
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MoneyBusinessEconomicsTechnologyPolitics The tax revolt I wrote about in 1978 is still with us today

Michael Busler

4 min read21 hours ago

For the past 50 years, Americans have complained that they are overtaxed. With Democrats in control of Congress, that burden could grow even heavier.

On July 19, 1978, I wrote my first opinion column for The Philadelphia Evening Bulletin titled “It’s About Time.” The subject was the growing taxpayer revolt that had begun in California and appeared likely to spread across the country.

Nearly 50 years later, many of the economic problems I discussed remain unresolved. With the Democrats controlling Congress, the over-taxed problem may get considerably worse.

The taxpayer revolt of 1978 helped establish a movement demanding lower taxes, less government spending and greater accountability. Three decades later, those concerns resurfaced in the TEA Party movement.…

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