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22:42 Jul 7, 2003
English to English translations [PRO] Social Sciences
English term or phrase:smoke-and-mirrors premise
Besides, higher tax rates do not necessarily mean higher tax revenues. The smoke-and-mirrors premise that they do is, in my opinion, promulgated by socialist thinkers with the design more to penalize the rich and the industrious for being successful and rich than to actually generate more tax revenues.