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Poor and StupidHow big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good. |
SUPPLY-SIDE WISDOM
Posted on 11/14/2006 07:57 AM | Link | Post Comment
Isn't it funny how even inveterate tax-the-rich socialists are able to understand the incentive logic of the Laffer Curve when confronted with homey anecdotal situations? From a piece in the Left-leaning Guardian:
"There is something deeply disturbing in the very idea of taxing the hard-earned and often lovingly thought-through improvements so many people make to their homes. Why bother to improve them if such action leads only to greater taxation?"Thanks to William Sjostrom at AtlanticBlog.
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