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Instead of taxing rich people, governments borrow from them, and pay them interest for the privilege.

Doug Henwood

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Doug Henwood
Age: 72
Born: 1952
Born: December 7
Journalist
Pay
Instead
Rich
Interest
Government
Taxing
People
Borrow
Governments
Privilege

More quotes by Doug Henwood

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Behind the abstraction known as 'the markets' lurks a set of institutions designed to maximize the wealth and power of the most privileged group of people in the world, the creditor-rentier class of the First World and their junior partners in the Third.
Doug Henwood