December 27, 2012

To Tax or Not to Tax: A False Dichotomy

For reasons I don't fully understand, Megan McArdle's shtick is starting to pall on me. I question whether she knows as much as she pretends to. However, I agree with this (boldface mine):
But I am uncomfortable when the government makes more money off your labors than you do. Yes, some people don't work very hard to earn their money, or earn it in ways that seem illegitimate. But the solution is to change the law so that it's harder to earn money in illegitimate ways, not to take the majority of their money in taxes--and the majority of the money of other people who work quite hard indeed.
(HT: Instapundit.)

I've been meaning to post the same thing. In fact, commenter jvic, one of the few conservatives left at LGF, recently wrote:
I view the taxation "debate" as a false dichotomy in which both parties collude. I would take it more seriously if it were accompanied by discussion of policies which abet concentration of wealth. Two examples that immediately come to mind are too-big-to-fail financial institutions and excessive protections for intellectual "property". There is corporate welfare in general, of course.
Addendum 20140114: See James Pethokoukis, here,

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