25 September, 2007

Where Your Taxes Go: 24

A second Silicon Valley in the US.

Here’s the gist of it: A few IT companies are getting together with the government to set up incubation centers for entrepreneurs in New Jersey and Chicago. The government is going to pay half the setup costs, and it will also “bear the operational cost of the facilities for a period of three years.”

This is a great initiative for the private sector to take up. But there is no reason why my maid’s taxes should go into this.

(Link via email from Jayakamal Balasubramani. Where your taxes go: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23. Also see: 1, 2, 3, 4, 5.

My essays on taxes and government: Your maid funds Unani, A beast called government, A Business Proposal.)