Tuesday, July 15, 2008

Money is like Manure?

Heard this from the documentary film "Red State Road Trip 2"

"Money is like manure...
If you make a big pile of it, it sits there and stinks up the area.
If you spread it around all thin, little flowers begin to grow..."

A very interesting analogy that seems to support income redistribution. Surely a rich person can afford much more than the basic necessities of life, fine. He can afford many of the nicer things of life too. But isn't there a point where a rich person has even more than he really needs? Especially when there are so many who are struggling for those basic necessities? I think this is a decent argument for progressive income taxes, if we need to keep income taxes at all. (I think I lean more toward a consumption based tax system.)

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