Leveling The Playing Field?
(Photo by Robin Holland)
Conversing with Bill Moyers on the JOURNAL this week, investigative reporter David Cay Johnston said:
"Get rich by working hard, working smarter, coming up with a better mouse-trap. Don’t get rich by getting the government to pass a law that sticks the government’s hand into my pocket, takes money out of it, and gives it to you. That’s not right. That’s not a fair playing field. Adam Smith warned again and again that it is the nature and tendency of business people to want to put their thumb on the scale and, even better, to get the government to put the thumb on the scale for their benefit... You need entrepreneurs to have a good society. I don’t have any problem with entrepreneurs. But we need to have a system that also fairly distributes... When we have people who make billon-dollar-a-year incomes and pay 15 percent taxes and janitors who pay the same tax rate and school teachers who pay a 25 percent tax rate, something’s amiss."
What do you think?



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