Wednesday, April 18, 2007

Resources Wasted on Taxes

Americans wasted 6.65 billion hours on their taxes this year. That is about 760,000 years. I say wasted because those hours did not produce anything of value. At all. It was a dead weight on society. This is one (and only one) of the reasons I dream of having one of those "taxes on a post card" plans implemented.

Of course all government spending is a dead weight on the economy. Some expenditures may be necessary (I am a libertarian, not an anarchist), but that does not make them productive. A police force may protect private property (when not confiscating it) and allow free interactions in a more organized and efficient way than would be possible in a dystopian, post-apocalyptic society, but other than the similar services provided by the justice system and military and maybe a few others, government expenditures are always a transfer of resources from those who own them to those who don't, usually with the result that they are used less efficiently than they would have been, and always with the overhead costs of government bureaucracy. Unless we evaluate those costs against the benefits program, we will continue to waste ever more of our efforts, resources, and time feeding monster that is our government.
HT Club for Growth


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