Tuesday, April 11, 2023

Tax And MMT Mudslinging —  Brian Romanchuk

I have been tied up courtesy of a major power failure, Easter, and other family obligations. Over the weekend, there was a blow up on Twitter between Richard J. Murphy and what appeared to be dozens of Modern Monetary Theory (MMT) proponents. (I ignore any Twitter thread involving lots of people and lasts more than a day, so I cannot fill in more details.) The dispute was about the role of taxes (although it devolved into whining about attitudes). Since many of my readers will have found me via Twitter, I just want to explain why this is largely a non-issue....
Bond Economics
Tax And MMT Mudslinging...
Brian Romanchuk

See also

Tax Research UK
MMT and tax: an issue that needs to be addressed again
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

5 comments:

Footsoldier said...

Murphy is a twat period.

Wanna see real mud slinging - Jimmy Does timeline and his videos with Robert Kennedy junior.

https://m.youtube.com/watch?v=z56XBj1RTtw

Footsoldier said...

" Trump got in there and said I'm going to get rid of the swamp. He asked me to be on a vaccine safety commission. When that news got out, Pfizer gave him $1 million for his inaugural party, and he appointed two of Pfizer's lobbyists, Scott Gottlieb and Alex Azar, to run HHS. They killed the vaccine safety commission, and Gottlieb went on to serve on Pfizer's board. "


" Anthrax was mailed to the two senators trying to block the Patriot Act in 2001, and the FBI discovered that the anthrax came from the CIA lab in Fort Detrick:

"By the time they figured it out, they had already passed the Patriot Act, and we were in a trillion-dollar war in Iraq. What did the FBI say? The FBI said it was Ames anthrax, and the only place that it could have come from was the CIA lab in Fort Detrick. It's clear that somebody associated with the Pentagon or the CIA had something to do with that anthrax because nobody had access except those groups."


" "The Democratic party has sold its soul to the corporations... It's a creature of this merger of corporate and government power. And the place where that occurs is inside the agencies... FDA, CDC, NIH, and HHS, are captured by the pharmaceutical industry...

DOT doesn't work for the American people; it works for the railroad companies... EPA is captured by the oil industry and the pesticide industry. When we sued Monsanto, we found out during discovery that the head of the EPA was secretly working for Monsanto for decades."


" I sued those agencies for forty years; I know how they work, I've written books about them, I've studied them, I know the people in them who are causing the problems, I know how to fix them."

Peter Pan said...

The Covid panicdemic revealed that a majority of the population are righteous mask-wearing twats.

And that virology is to medical science what Richard Murphy is to economic policy.

Peter Pan said...

Understanding this weird, corporate, cultural revolution all around us - Toby Rogers
A meditation, in four parts, on our current dystopia
https://tobyrogers.substack.com/p/understanding-this-weird-corporate

Matt Franko said...

“ And that virology is to medical science”

Gotta kick out the Art Degree Darwin people running it… only bring in the Science degree people…,