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I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.
If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand.
Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.
Most economic fallacies derive - from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.
Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless.
So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not.
Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.
There is one and only one social responsibility of business-to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.
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