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20 sats \ 1 reply \ @Undisciplined OP 9 May \ parent \ on: P.T. Bauer’s Reminders on Foreign Aid econ
“Foreign aid is taxed from the poor people in the rich countries to give to the rich people in poor countries.”
A lot of times, it's even worse than that, because it's earmarked in such a way that it has to be spent with American firms. So, it's really just taxing poor people in rich countries to give to rich people in rich countries (just like most taxes).
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29 sats \ 0 replies \ @Rothbardian_fanatic 9 May
So, it's really just taxing poor people in rich countries to give to rich people in rich countries (just like most taxes).
I cannot quibble with that. I just like how Bauer threw down on all the foreign aid experts, who in any case, are usually politicians who are getting some sort of reward for directing tax money this way. If the politicians aren’t getting it directly, one of their family is, or their assistants also called handlers get the kickbacks.
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