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Rightfully? Want a reason why this country is run the way it is? This kind of tax policy is a huge reason. We have a huge swath of people who are shielded from
by quesoviejo 15y ago
Rightfully?
Want a reason why this country is run the way it is? This kind of tax policy is a huge reason. We have a huge swath of people who are shielded from the effects of poor spending and governance. In fact, they get the benefit without any of the cost.
It creates a horrible third payer situation. Two groups (in this case non-taxpayers and big government politicians/lobbyists) collude to take money from another group (taxpayers) to mutually benefit themselves. Non-taxpayers get all the government benefits they want and politicians/lobbyists get a reliable bloc of voters for their favored policies.
This nation will only survive if every last one of us has skin in the game, including and especially our personal wealth. Why do we like to see financial advisers disclose their personal investments before taking their advice? It's because people have a much easier time throwing other people's money away.