Monday, June 02, 2008

Quote Of The Day.

Today's Telegraph's editorial makes an important point:
Put bluntly, spending more in an area makes its inhabitants likelier to look to the state for their livelihood, which in turn makes them likelier to vote for the high-tax party. Higher expenditure rarely regenerates a region - on the contrary, it traps communities in the squalor of dependency - but that is not its purpose.
This is an important point, because taxations is not only bad for the people who are forced to hand over large chunks of their income, but it also harms the recipients of state largess, in the long run, as any semblance of self reliance is undermined.

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