Tuesday, September 13, 2011

The Bi-Polar Tax Debate

If a tax on cigarettes encourages people to smoke less and a tax on fossil fuels encourages us to use less, then it stands to reason that a tax on income will encourage us to earn less.  Why is this so hard to understand?  If you do something to discourage behavior in some fields, how can you then expect it to expand behavior in other fields?

If you take my money and give it to people who do not work; if you take money from a profitable business to bail out a failing business what you have done is much closer to issuing fines against safe drivers to reward speeders or tax non-smokers to subsidize the cost of cigarettes. 

Sorry, I know common sense has no place in politics.

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