December 28, 2011

The tax on stupid.

Governments grew tremendously in the 20th century. Because they are essentially parasitic luxuries. As a society grows richer it can afford more illusions, more waste, more re-distribution of wealth, more regulation, higher taxes, and more unproductive government employees.
"What Government Really Is." Bill Bonner, The Daily Reckoning, 12/23/11.

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