Tuesday, January 25, 2011

These are subsidies to the wealthy

Chart stolen
Sure, we can say that voters made the mistake.  They corrected it in 1991 as we can see.  The growth in wealth at the top 1% comes at the price of ever increasing government growth.

I still await the Hayekians to disprove that minimal government result in  progressive taxes by central government.  The evidence becomes overwhelming that the wealthy buy more government when their price is cheap.

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