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Quote of the week Print E-mail
Written by Wordsmith   
Monday, 18 August 2008 06:00
Government income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality.
Walter Williams A Nation of Thieves
Comments (1)Add Comment
Theft?
written by PJ, August 22, 2008
I'd dispute the comparison of taxation with theft. I'd say it's much more like legalised extortion. The crucial difference is the knowledge of the party being stolen from. Theft is usually surreptitious - extortion is right out in the open.

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The Adam Smith Institute is the UK's leading innovator of free-market economic and social policies. Politically independent and non-profit, the Institute promotes its ideas through reports, briefings, events, media appearances, and its website and blog. For further information, click here.

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