Delinquent state spending redistributes wealth from the poor to the rich

GOVERNMENT delinquency is "at the taxpayer’s expense" and is one of the most misleading and destructive of myths. This column has argued that government waste does not cost taxpayers one cent. Government waste, and much of what is spent legitimately, amounts to the redistribution of wealth from poor to rich. I have been asked to explain myself.

The established view, strengthened by low-income voters lulled into complacency by the illusion of fat-cat taxpayers footing the bill, is so entrenched that I am unaware of it being questioned.

To read the full article - click the BDLive logo below: