Shorter Fraser Institute:
And in the state of nature, without such concepts as an "economy" or "currency" to facilitate governing structures, humankind paid no taxes at all. How we long to return to those days!!!
Update: Not surprisingly, Progressive Economics Forum has a more thorough debunking.
I'm particularly impressed with the chutzpah involved in labelling deficits as "deferred taxes". But given the Fraser Institute's habit of labelling any government income as a "tax", doesn't that effectively mean that its label of "taxes" in fact means the amount spent by government, rather than the amount raised?
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