Fri, Oct 12 2007 2:14 PM
Beware the Word "Over"
Its an all too common modifier. We hear about over taxing, over spending, over regulation.
Its a strange indictment. Its not a legalistic term, we do not hear of over robbing or over battering. It implies more a sense of stewardship or worse, that the State is damaging its own interesting by its actions.
Rudy Giuliani, who champions lower taxes because of Reagonics, subscribes to that second view. He believes that lowering taxes will increase his revenue. Although this is not an issue for the Central Government of the United State of America, which has no budget constraints thanks to its monopoly on counterfeiting.
It is not a moral indictment, only a pragmatic one. No one can overspend to an extent that is immoral, only to the point of it being harmful to themselves.
People who are against "over" taxing, like Rudy Giuliani, are not necessarily natural allies of people who are against taxation, like us anarchist. There is no more a connection than between people who are opposed to spending money liberally(i.e thrifty people) and Communists opposed to money all together.
Filed under: supply side economics, taxes, over