Impact of Taxes and Spending and Corruption on each other

[Administrator’s note:  This article is a stub.  You can help the Interlock Project by expanding it – see the Participation page for more information on contributing to the Interlock Project.]

In a sense, government budgets are the original source of corruption.  In many industries, it’s vastly easier to persuade a legislator to give you a tax break for $100 million than it is to actually make an extra $100 million – so the temptation of getting money for relatively little effort has made corruption commonplace and has burdened the government with large amounts of excess spending (which is, almost always, unwisely distributed).  In turn, the increasing ease with which corruption can be accomplished has resulted in a steadily accelerating drain on government budgets – all of the tax breaks, subsidies, and regulatory gimmicks and exceptions add up, especially when so little of it has a significant return-on-investment.

Sidebar:  The “unfunded pension liability” scam

Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s