Learning about capitalism, in an engaging fun way; explained by a fun engaging young man trying to educate folks in a way they would like to learn. And enjoying every minute of being a part of the "new media"
Friday, November 18, 2005
Another truth about taxes,
Earlier today on The Rush Limbaugh Program, Walter Williams explained something about taxes. He said that no matter what kind of tax system a country has, the most important thing is federal spending. Dr. Williams is exactly right because no matter how fair a tax system becomes, it doesn't help if the politicians unfairly waste taxpayer money on junk. A good example is in West Virginia where the government has built a parking garage named after Senator Robert Byrd. Yes, taxpayers have to pay for that garage.
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Capitalism isn't just about making money. It's also about competition. When lots of people are trying to sell the same thing, the...