Quotulatiousness

June 27, 2019

“Raise our taxes!” cried the hypocritical virtue signallers

Filed under: Economics, Government, Media, Politics, USA — Tags: , , — Nicholas @ 05:00

We’ve been over this ground before. Some very rich people are getting fawning media coverage for their “selfless”, “virtuous” demand that the government raise their taxes. Except they’re far from selfless: they’re demanding that other people be forced to pay more tax, but they’re very much not putting their own money where their bleating mouths are. Most governments are happy to accept more money from you than your formal tax liabilities:

… are all very eager to accept your contributions. But most people don’t take advantage of this mechanism, especially the ones garnering headlines for their “altruism”. Because they’re virtue signalling, and almost certainly don’t actually want to be taxed more. Don’t believe what people merely say they want, watch what they actually do (economists call this “revealed preference“). Hypocrites, the lot of them.

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