“It is fairer to tax people on what they extract from the economy, as roughly measured by their consumption, than to tax them on what they produce for the economy, as roughly measured by their income.”—Thomas Hobbes
Not just fairer: smarter.
(And speaking of fair: “Why shouldn’t the American people take half my money from me? I took all of it from them.”—Edward A. Filene)
Tomorrow: Doing My Taxes with TaxCut
Quote of the Day
Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.~John Kenneth Galbraith, The Age of Uncertainty
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