[WS:] This reminds me of a conference on poverty reduction I attended a few years ago in Mexico City. The conference was put together by a bunch of wealthy "philanthropists" and featured a whole bunch of elaborate schemes how to use private philanthropy to that purpose. I was holding back a vomitory reaction until one of the invited guests, an old British Labourite took the floor and pointed out that these elaborate schemes have a slight problem - philanthropic intermediaries that tend to get fat instead of trickling down the "philanthropic" donations they receive. He then paused for a while and added, "There is of course a solution: a big, fat progressive tax."
Seeing the jaws in the audience dropping was priceless and made my whole day. For everything else, there was the Master Card.
Wojtek
On Fri, Oct 22, 2010 at 10:17 AM, c b <cb31450 at gmail.com> wrote:
> I'm biased, but I thought Doug slaughtered the guy. And the looks Doug
> give him speak as much as his words. I thought Doug got all his
> arguments in over the interruptions.
>
> Loved this exchange:
>
> Doug: The government has to spend on infrastructure and clean energy, etc...
>
> Other guy: Where's the government going to get the money ?
>
> Doug: Oh Pshaw the government has the money.
>
> Other guy: No, it doesn't . Where's the government going to get the money ?
>
> Doug: Taxing people like you.
>
> Charles
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