
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.” … “Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?” - Atlas Shrugged
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Tuesday, June 12, 2012
Do the Rich Pay Their Fair Share of Taxes? .....
I must admit I’ve never understood the concept that some people would be excused from paying zero taxes and so would be completely disinvested in the system. I doubt I’m alone in favoring a far simpler tax code or my unease at the government’s willingness to push social or random political agendas through taxation. I doubt I am alone among residents of Montgomery County, Maryland, when I avoid shopping at local outlets and instead head to more consumer-friendly locations in Virginia. I can save 60 cents (!) a gallon simply by driving 15 minutes to Fairfax, Virginia. When it comes to tax burden, a new posting from my colleague Mark Perry offers some damning statistics:
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