The Myth of the Working Poor
Chuck Huckaby: “Could it be that if there were fewer taxes, fewer barriers to business ownership, fewer regulations, that people would actually have more money to enjoy?”
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Dhawal Shah on November 8th, 2004 6:56 am
The answer is definitely NO, with lesser taxes to pay, the poor are left with a higher disposable income to spend, and most of the times due to no financial discipline, they end up with more liabilities. They are worse of then what they were before.
Brian Yamabe on November 9th, 2004 2:19 pm
Dhawal,
Your answer smacks of the American political left. Average citizens can’t be trusted. Only the elite/government know what to do. If you’re given more freedom you’ll only mess it up. What a positive and uplifting message.
Chuck on September 14th, 2005 1:41 pm
Dhawal,
Thanks for adding the fact that the barrier to the poor is their own failings. No government program can over come them.
danakeith on June 9th, 2008 6:00 pm
yes exactly, that would be better.. but sometimes, regulations were need to be imposed coz in that way, we able to recognize our limitations.
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