Sunday, November 5, 2017

Why The Connected Rich Don't Mind High Taxes

The below commentary by Brian Domitrovic is very important. However, he talks too much about inequality as if it is always a bad thing. Inequality produced by government is certainly a bad thing. It means that some are getting an edge, thanks to government, while others are squeezed by government. Inequality that is the result of entrepreneurs profiting from providing goods and services to consumers is a good thing.

Domitrovic also calls the tax exemptions cronyism but they are just loopholes from an oppressive system. We should not object to such loopholes but move toward an environment where everyone pays less in taxes.

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