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July 17, 2006

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dearieme

Since the political Left pimps off the poor, it certainly doesn't want to take the risk of a self-conscious poor escaping poverty. Otherwise it might need to import a New Poor. Oh.

dsquared

[Economic folklore has defended progressive taxation on the grounds that it is good for the poor: we find that flat taxes can be better]

This is a strange sentence; it implies that the authors have shown that there is a flat tax system which is more progressive than any non-flat system. And of course they haven't because that's self-evidently mathematically impossible.

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