Monday, March 11, 2019

Need to Have Money to Lose Money?

NPR How Federal Disaster Money Favors The Rich

I heard this during my long drive to Oklahoma and back. A friend I were moving my eldest and her fiancee back to the Twin Cities. They must have missed seeing me often. 😀😀😀 By the way, it was about 68 degrees down there...

Back to the post, I guess it makes sense that people with money would get more of the disaster funds. I mean if you are renting an apartment, what funds should you get versus the person who owns the building.  Thoughts?

1 comment:

Anonymous said...

It's the flip side of progressivity. One of my more forlorn arguments about tax policy is that if we are in favor of progressive taxation, we should favor it on both the income and deduction sides.

--Hiram