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 Originally Posted by Jack Sawyer
Like how defense spending is more important than education for instance. Like putting the most taxes on those who can’t afford it the most.
There is legitimate explanation for both of those.
Smart defense spending (which includes drowning out the competition) leads to less war. The world discovered this the hard way when Britain and France went full blown pacifist, giving a nasty regime (Nazis) an opening. Regarding education, parents should be in charge of what their kids are taught. You wouldn't let the government dictate what you feed your kids, so why give the government so much control over what your kids learn?
The tax thing is a fantastic example of the counterintuitive nature of economics. When tax policy favors poverty and punishes wealth, it actually creates more poverty and less wealth. A society that optimizes social mobility makes it pay to move up, not pay to stay put. Contemporary western tax policies tend to make it pay to stay put. There can be some room for some progressiveness in tax policy, but when a media personality says a particular tax policy hurts the poor and helps the rich, make note that he probably has it wrong.
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