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Terrorism as a Tax

Terrorism as a Tax

The new fear tax falls most heavily on the United States. Last November, the Commerce Department reported a 17 percent decline in overseas travel to the United States between Sept. 11, 2001, and 2006. (There are no firm figures for 2007 yet, but there seems to have been an uptick.) That slump has cost the country $94 billion in lost tourist spending, nearly 200,000 jobs and $16 billion in forgone tax revenue — and all while the dollar has kept dropping.

Schneier on Security
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A fine is a tax for breaking the law; a tax is a fine for obeying the law.

A fine is a tax for breaking the law; a tax is a fine for obeying the law.

J. H. Goldfuss

via QOTD

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Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.

Unquestionably, there is progress. The average American now
pays out twice as much in taxes as he formerly got in wages.

Henry Louis Mencken, 1880 – 1956

via QOTD