Thursday, June 21, 2012

How Do Tax Cuts Differ From Subsidies?

SEE HERE The government has long been involved in all sorts of activities which distort the market in goods and services in ways that simply are crafted to enrich those the government chooses to enrich while punishing indirectly those that are not so favored. The government, frankly, should get out of the picking winners and losers game and let the market decide who the winners and losers ought to be. What we have now is a kind of corruption which has been going on for a long time but is still just one more example of robbing Peter to pay Paul.

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