The UK journal The Business reports on the success of the US government’s effort to cut taxes which has the obvious effect of stimulating a rise in economic activity, and thus raising real tax revenue:
This cuts straight to the paradox of Mr. Brown. While intelligent and well-read, he operates in a faith-based environment (unlike the Americans, Australians and Irish who operate in a reality-based environment): as a liberal-left collectivist, he is tethered to a misplaced concept of fairness that demands high marginal tax rates, regardless of their impact; and, despite all Mr. Browns hullabaloo about helping low-income families, the poorest 10% are today worse off now than they were in 2001 while the richest are 5% richer.
This deadly paradigm makes a famous victim more socially valuable than a successful doner, or anyone else who allows for the self-sufficiency of people from dependence on the state.
In short, if you can show me anyone who works for a poor man, you are likely to find around them the trappings of the third world: failure, misery, short life expectancy, and a past which included self destructive class warfare.
- with many thanks to Charlie in the UK for calling my attention to the column.
The fuse is lit!
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