Bruce Wark's defense of the NDP subsidy on dirty, coal-fired electricity as a way to help the poor drew fire from several readers. In a minute, one reader corrects a factual error that tripped up both Wark and Contrarian. But what most objected to what is we might call The Wark Principle:
You don’t tax necessities, then ask poor people to apply for rebates. That’s why we don’t tax groceries. How is electricity any different?
Contrarian reader Martin MacKinnon thinks Wark's objection to taxing necessities is ill-considered:
There are indeed far too many Nova Scotians who can ill afford the necessities of life. However, why should the rest of us benefit from their poverty? Wark seems to miss an important point. If those of us (including Wark and I) who could well afford to, do not pay tax on power, then governments who need to pay for things like health care and education will have to collect those taxes elsewhere. We need tax breaks for the necessities of life to be targeted at those who need help, not at the rest of us who don't.
After the jump, a more vehement reader, and a factual correction.

Today's New York Times uses Flash animation to show how the financial crisis took the market capitalization of America's banking titans from this (On October 7, 2007): To this (on March 1, 2009): And then back to this (last Friday): Note that the animated version, which you really should visit, uses color to show the relative shrinkage and growth of each bank. Gray is the baseline; green is growth; reddish-brown (who chose these colors?) is shrinkage. Rollover text provides detail on each of the included banks. ...