23 April 2004

I come to praise not to bury

Joyti De-Laurey is to be sentence for stealing millions from moneyed men. This article points out a few home truths that I felt were well made. One is that the men concerned didn't notice for ages -theyare so rich that, well, frankly, the odd million here and there never gets noticed, there's plenty more where that came from and it just sits there doing nothing most of the time. The article suggests this is also an argument for a %50 income tax band for the super rich: if they don't notice it missing in a case like this why are they going to miss it when the government has it to do something more productive with, like funding universities [assuming we can cure them of spending it on ill-advised sorties into middle eastern countries].

Not that I'm condoning stealing, but it makes you think ...

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