Let's change the rhetoric a wee bit. Tax cuts aren't making the rich, richer; it just means the state is not taking so much of the money they've earned. And all income levels are keeping more of their money under the tax cuts. Don’t get all tied up in the envy stakes, take a big breath and realise not only the middle class, but even beneficiaries, have a better standard of living, now, than any generation before them, and the more unfettered capitalism has been allowed to be by men like you, the more prosperous, overall, the people have been. That’s why no boat-people are trying to get into third world countries, they're trying to get into the capitalist ones.
Let's not forget that the top 10% of NZ taxpayers, pay 50% of the total tax take.
Better be careful, David, you're scaring the horses again. Have you been reading the stats on the exodus of the wealthy from Hollande's France? With his 75% tax, and their new tobin tax, the city of London is laughing all the way to the bank.
Blog description.
Liberty and freedom are two proud words that have been executed from the political lexicon: they were frog marched and stood before a wall of blank minds, then forcibly blindfolded, and shot, with the whimpering staccato of ‘equality’ and ‘fairness’ resounding over and over. And not only did this atrocity go unreported by journalists in the mainstream media, they were in the firing squad.
The premise of this blog is simple: the Soviets thought they had equality, and welfare from cradle to grave, until the illusory free lunch of redistribution took its inevitable course, and cost them everything they had. First to go was their privacy, after that their freedom, then on being ground down to an equality of poverty only, for many of them their lives as they tried to escape a life behind the Iron Curtain. In the state-enforced common good, was found only slavery to the prison of each other's mind; instead of the caring state, they had imposed the surveillance state to keep them in line. So why are we accumulating a national debt to build the slave state again in the West? Where is the contrarian, uncomfortable literature to put the state experiment finally to rest?
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Pretty sad, as you admit above, that Labour led coalition will win in 2014.
ReplyDeleteSurprised that more was never made of P J O'Rourke's "Would you take that money off your dear, sweet old granny for that project?"
Good quote. I must read more PJ O'Rourke.
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