Big Gov Logic

Big Gov Logic

Not just taxing it, but investing it towards political ends instead of market-directed ends, which is, quite simply, malinvestment. It destroys productivity, market liquidity, new ventures, and innovation, and when done on a large scale it can create bubbles. It’s also stealing.

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One comment

  1. Peter Namtvedt

    Good posting! I don’t understand why people still believe in the Keynesian idea that we gain by this excessive taxation, where each dollar taken 40% is ‘burned’ by government staff consumption, then doled out and taxed again.

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