John said:
Some do. Some become rich by selling drugs, or scamming corporations,
or suing doctors, or just getting into the middle of transactions.
Even then, they usually divert resources into investment. In that they
squander resources on personal indulgences (estates, planes, whatever)
as opposed to investing, the wealth acts counter to the public good.
Which is why we sould tax consumption but not income.
There is a proposal to eliminate property taxes in Florida, and
replace them with an 8.5% sales tax which would triple my effective
property tax, and I would still have to pay the fire, garbage, sewer and
water rates, even though there is no garbage collection, sewer system,
or county water service out here in the country. I have a well, a
septic tank, and have to make a 12 mile round trip to get rid of my
trash.
--
Service to my country? Been there, Done that, and I've got my DD214 to
prove it.
Member of DAV #85.
Michael A. Terrell
Central Florida