How we are taxed is a very important issue. There are more and less efficient and/or just ways for our government to raise the revenue it needs to perform its functions and pay its debts and, therefore, the current debate is critical.
But of far greater importance is how much we are taxed. That figure, however it's raised, more than any other signals the size and intrusiveness of our government and ought to concern us much more than the size of the top marginal rate.
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