Monday, 15 February 2010

Thought for the day

Taxing the productive to pay for the unproductive is like refusing to play Wayne Rooney so eveyone else can have a game.

Discuss...
Posted by RobW at

3 comments:

fuzzracer said...

I don't think the Scottish Libertarians can offer any objective comment..... sorry

15 February 2010 21:48
sound money man said...

The important thing to remember is that all taxes get "passed on".

While the rich man is the nominally the biggest taxpayer, all that taxing him really does is:

i. hike prices for customers.
ii. depress wages for workers.
iii. make an otherwise profitable business a non-starter.

It is worth pointing out that many very wealthy oligarghs are big "tax advocates".

Taxes help to crush smaller competitiors and raise funds for various boondoggles.

15 February 2010 21:54
RobW said...

I very much agree with you sound money man.

16 February 2010 08:27

Post a Comment

Subscribe to: Post Comments (Atom)