Someone once said that taxes are the price we pay for civilization. That may have been true when he said it, but today taxes are mostly the price we pay so that politicians can play Santa Claus and get reelected. That's not the worst of it. We may think of taxes as just a source of government revenue. But tax rates are a big political statement on the left, whether they bring in any revenue or not. ... MOREThomas Sowell: Taxes and Politics
Someone once said that taxes are the price we pay for civilization. That may have been true when he said it, but today taxes are mostly the price we pay so that politicians can play Santa Claus and get reelected. That's not the worst of it. We may think of taxes as just a source of government revenue. But tax rates are a big political statement on the left, whether they bring in any revenue or not. ... MORE