Monday, December 29, 2008

Thou Shall Not Steal - Read It And Weep

Where does you tax money go?

Economist M. Stanton Evans writes: "The principle beneficiaries of the money absorbed and dispensed by government are not poor blacks in ghettos or Appalachian whites or elderly pensioners receiving Social Security checks...The major beneficiaries, instead, are the employess of government itself--people engaged in administering some real or imagined service to the underprivileged or, as the case may be, the overprivileged ...the gross effect of increased government spending is to transfer money away from relatively low income people -- average taxpayers who must pay the bills--to relatively high income people--Federal functionaries who are being paid out of the taxpayer's pocket...the two richest counties in the United States are...Montgomery County Maryland, and Fairfax County, Virginia--principal bedroom communities for Federal Workers in Washington D.C." Ronald Nash, referring to the statement of the prominent black economist Walter E. Williams, that in 1979 the U.S. was spending $250 billion annually "just to fight poverty," responds: "Had this amount of money been distributed equally to all families below the poverty level, each of them would have received an annual payment of $34,000."
- M Stanton Evans and Walter E. Williams quoted by Ron Nash in Economic Justice and the State

No comments:

Post a Comment