The biggest and most deadly 'tax' rate on the poor comes from a loss of various welfare state benefits - food stamps, housing subsidies and the like - if their income goes up.
Thomas SowellIf sanity ever returns to our society and we stop taking pretentious elites seriously, one of the signs will be that the public will force the removal of those ugly pieces of twisted metal that are called 'art' in front of government buildings.
Thomas SowellEach day, as I take various pills, I realize that without those pills I might not be alive -- and, if I were, life would not be worth living. Yet those who produce these medications are under constant attack from people who produce nothing.
Thomas SowellWhat the political left, even in democratic countries, share is the notion that knowledgeable and virtuous people like themselves have both a right and a duty to use the power of government to impose their superior knowledge and virtue on others.
Thomas SowellSellers in general maintain the quality of their products and services for fear of losing customers otherwise. But, when price controls create a situation where the amount demanded is greater than the amount supplied - a shortage - fear of losing customers is no longer as strong an incentive. For example, landlords typically reduce painting and repairs when there is rent control, because there is no need to fear vacancies when there are more tenants looking for apartments than there are apartments available.
Thomas Sowell