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Wednesday, June 13, 2012

In Defense Of Rush Limbaugh

The Oxy-filled Hindenburg:

Firemen, they're also wonderful and great. They don't create wealth, but they, too, protect it.

He's absolutely right: firefighters protect wealth.  We live in a wealthy country, and as Adam Smith observed:

[T]he government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that the one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich. There are many expenses necessary in a civilized country for which there is no occasion in one that is barbarous. 

Thus:

The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state...It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

Since it's the job of a significant proportion of public service employees to protect wealth, the wealthy ought to pay more in taxes.

QED

ntodd

[Update: didn't feel like getting into Rushbo's wealth creation fallacy last night, and now I don't have to...]

Show a little "yuhyoohappy" during the NTodd Ain't Ann Romney Fundraiser *

June 13, 2012 | Permalink

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