3 ms·
Government spending isn’t about efficiency per se. First, there is the question about efficiency for whom exactly. Are these taxes less efficient for Microsoft
by rp1 5y ago
Government spending isn’t about efficiency per se. First, there is the question about efficiency for whom exactly. Are these taxes less efficient for Microsoft shareholders (and large shareholders in general)? Almost certainly. But long-term investments in the populace, such as funding schools, can be more efficient on the whole in the long term if the investments pay off in the form of a more productive population. Second, efficiency is generally uncorrelated with equality at best and anti-correlated at worst. I’m not saying we need a totally equal society, but surely some work needs to be done to promote equality if we’re to have a meritocracy.