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Tuesday 9 April 2013

'Class Warfare' or Rational Redistribution

http://www.abc.net.au/unleashed/4615654.htm

"Sloan would recoil from the mere suggestion: new taxes are bad, by definition. She clearly belongs to the anarcho-capitalist school of economics which enjoyed a brief boom in the middle of the last century under such luminaries as Murray Rothbard, whose motto was: "Taxation is theft."

"Tony Abbott declared flatly: "This is a government which is prepared to tax the people to fund its own spending."

Well, duh. Governments levy taxes to fund their programs - to build schools and hospitals, run the defence force, and look after the needy by setting up a national Disabilities Insurance Scheme, which Abbott whole-heartedly approves. Taxation is not theft; it is not even a necessary evil. It is a public good, without which we would lapse into ... well, anarcho-capitalism, the law of the jungle, red in tooth and claw."

Good old Mungo.

As I have been saying here and elsewhere for quite some time now, the answer to most of the world's problems is to tax the wealthy in an equitable manner and actually-for-real use the revenue for the improvement of the common good, while adopting pure Keynsian economic policies.

It's all been done before.

If this is 'class warfare' then bring it on.   

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