Wyoming Liberty Group
Amy Edmonds and KGAB’s Gary Freeman talk about the $270 million school funding shortfall and possible future tax increases to pay for it. September 25, 2015
The welfare state’s reason to exist is that it redistributes consumption between citizens. Those who have high incomes are forced, by means of taxes and entitlements, to give up some purchasing power so that those who have lower incomes can get more than they have earned.
Progressive income taxes serve this purpose, as do cash entitlements such as the Earned Income Tax Credit. Government-provided services work in the same way. K-12 education, for example, is for the most part provided by government. The reason is redistributive: most voters take for granted that education is an essential role of government because poor families can “buy” the same education for their kids as parents with higher income.