John Maynard Keynes preferred tax cuts

Discussion in 'Politics' started by Neotrotsky, Nov 10, 2012.

  1. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    John Maynard Keynes preferred tax cuts


    Nor should the argument seem strange that taxation may be so high as to defeat its object, and that,
    given sufficient time to gather the fruits, a reduction of taxation will run a better chance
    than an increase of balancing the budget.
    For to take the opposite view today is to resemble a
    manufacturer who, running at a loss, decides to raise his price, and when his declining sales increase the loss,
    wrapping himself in the rectitude of plain arithmetic, decides that prudence requires him to raise the price still more—and who,
    when at last his account is balanced with nought on both sides, is still found righteously declaring that it would have been
    the act of a gambler to reduce the price when you were already making a loss.
     
  2. g5000
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    g5000 Diamond Member

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    Nice job taking that out of context, which is probably why you didn't link to the work that came from.

    I have highlighted the key words for you.

    So I guess you are going to have to go back to your masters and ask them to show you that our taxes are so high as to defeat the object.
    .


    .
     
    Last edited: Nov 10, 2012
  3. Neotrotsky
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    Does a quoted text need to be linked

    Granted, the left likes to live off the labour of others
    but it does not seem like a lot of work to do....

    Your highlighted text proves nothing
    except that your reading comprehension is poor
    The main point still stands

    When reviewed in its whole

    "Nor should the argument seem strange that taxation may be so high as to defeat its object, and that,
    given sufficient time to gather the fruits, a reduction of taxation will run a better chance
    than an increase of balancing the budget."


    Considering the amount of useless debt we have incurred because of Papa Obama
    spending too much is the problem as oppossed to not taxing enough
    As such, your "point" has failed- try again

    Regardless, he correctly states that tax cuts are the preferred fiscal tool

    My only master, is the gov't
    No doubt you will have to go back to them
    to ask for more help

    Funny how the extreme left loves to use
    Keynes to justify gov't spending money and deficit spending...

    Yet, they know so little about what he actually wrote or said
    Master, indeed
     
    Last edited: Nov 10, 2012

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