Harvard Discovers Downside of Taxation
www.moonbattery.com
Isolated as they may be in their bubble of elitist moonbattery, even the educrats running Harvard are capable of grasping some of the basic facts of the world the rest of us live in. For example, now that Massachusetts might levy a 2.5% tax on colleges with endowments over $1 billion, Harvard's associate vice president for government, community, and public affairs Kevin Casey gasps:
You can't do that. You'd be taxing success.
No kidding. When you tax something, you get less of it. Success is to be reined in, because it creates challenges to government power. Punishing success is one of the purposes of our progressive taxation system. Harvard types would normally describe this as "social justice" - except when they're the ones getting looted.
On a tip from V the K.www.moonbattery.com
