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Robin Hood Tax

Posted by Selbonaut On 2010-03-30 1 comments

Such a simple idea. If it would work it could do a lot...

1 comment:

rainswept said...

Farcical, considering how their profoundly corrupt government elected to spend the taxes they seized rescuing these organizations in the first place.

The Broken Window Fallacy is hard at work here.

On the other hand, the Iraq & Afghan occupations look to cost them around £20 billion... so this tax could pay for a few more illegal wars. Bonus.

"The whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence. The art of economics consists in looking not merely at the immediate but the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups." ~Henry Hazlitt

PS check out the company Britain is keeping deficit-wise. You can expect a lot more propaganda aimed at raising taxes.