Saturday, November 12, 2011

Do The Math

Could the solution really be this simple? Of course it could! From the blog of Yellowdog Granny.


  1. I did the maths and it doesn't work.

    If you stop the war defence industries will start to lay people off. The armed services will do likewise. If you tax the rich they will simply move off-shore and so you will have even less tax to collect, quite apart from those small business men who want to be rich and who would take one look at the tax rate and not bother.

    Why is it that almost anything written on a slogan is twaddle for juveniles?

  2. I have to disagree. Continuing a war just to keep the profits flowing to the military-industrial complex is immoral and just drains the treasury. And if the rich want to move, let them. I don't think they will.

  3. You are partly right, waging war is not always a profitable business for a nation - although sometimes it is. You only have to consider your nation's civil war which re-united the States of America - at a cost but with long-term benefits.

    However, the post-WWII period in which defence industries were closed down wholesale still resulted in one of the most affluent periods in American history because, of course, taxes and government were kept small and small businesses ecouraged by low taxes started up again. Labour being, by and large, free of government/union 'diktat' was free to go and seek work, where-ever and what-ever.

    As for the existing rich, if you raise taxes higher and higher they most certainly will move, or at least, a significant number of them will - I mean, they're not totally stupid which is why they are rich! On the other hand, if you lower tax rates you will collect more because the marginal cost of avoiding makes it not worthwhile.

  4. I can't believe you right-wingers are still trying to pass the lie that a lower tax rate means more tax revenue. That has been proven false repeatedly. As for your "low tax" period after World War II, the top tax rate then was about 90% -- not real low.


ANONYMOUS COMMENTS WILL NOT BE PUBLISHED. And neither will racist,homophobic, or misogynistic comments. I do not mind if you disagree, but make your case in a decent manner.