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Moral Hazard Explained

"Moral hazard exists when a policy produces incentives for perverse behavior , , , [For example] the policy of removing tens of millions of voters from the income tax roles, thereby making government largess a free good for them."

~ George Will

Source: page 131, "As Certain as Death: Quotations About Taxes," 2010, compiled by Jeffrey L. Yablon, TaxAnalysts.com (this is a new link for the collection, but publisher's identify shown on the first of the unnumbered pages; the link I had been using produced a 'page not found' message).


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