Wednesday, May 5, 2010

Fraser Institute Sees Glass Half Empty

The Fraser Institute posted this tweet this morning:

If public sector incomes were equal to private sector, gov't deficits would fall by at least $19-billion #cdnpoli

But here's this pesky fact, oh Guardians of the Wealthy: If private sector incomes were to equal public sector incomes, then government deficits would fall. Why? Because government would then have substantially increased revenue from income and consumption taxes.

But don't let facts get in the way of preserving inequality.