We have known for over 70 years that Taxes have nothing to do with government spending. However it is an idea that has taken root again in the recent past, and we really need to get beyond it if we are to build the society of the future. There is a faint whiff of punishment in a lot of tax proposals, which is very reminiscent of the treatment that the Greeks have received in their recent attempts to improve the lot of their population. Most unpleasant.
The following is a simple précis of the points from the Beardsley Ruml article from 1946 and the Bill Mitchell piece on the same article from 2010 - and targeted at the UK.…3spoken
Taxes for Revenue are Obsolete - a précis
Neil Wilson
No comments:
Post a Comment