GOVERNMENT delinquency is "at the taxpayer’s expense" and is one of the most misleading and destructive of myths. This column has argued that government waste does not cost taxpayers one cent. Government waste, and much of what is spent legitimately, amounts to the redistribution of wealth from poor to rich. I have been asked to explain myself.
The established view, strengthened by low-income voters lulled into complacency by the illusion of fat-cat taxpayers footing the bill, is so entrenched that I am unaware of it being questioned.
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Leon Louw is the President of the Free Market Foundation.
Publish date: 20 May 2015
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.