Thursday, September 22, 2005
 
Great Moments in Keynesian Economic Theory
Five accused of stealing Missouri tax credits:
    Five people were indicted this morning on federal fraud and money-laundering charges for what prosecutors called a $10 million scheme to steal state tax credits.
This could have been avoided if the state only adhered to a policy of taxing businesses equitably, regardless of how the state thinks the businesses benefit either the state or the state's whims.

But that would deprive the state of its twofer: giveaways to its favorites and the ability to get tough on the crime its giveaways encourage.


- posted by Brian J. @ 7:17 PM
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To say Noggle, one first must be able to say the "Nah."