Does taxing kill or stimulate an economy.


Brazilian Night  Image Wikipedia
The Green Gillard Government, against their own election promises and even against public opinion are determined to inflict a carbon dioxide tax on Australian citizens. They say that a tax, that will add to the cost of all businesses,  will be good for the economy.
SMH: The  Green Gillard government declared victory for a "historic economic reform" today after the Senate finally passed a carbon tax - laws that have created political havoc for four years and have been debated for more than a decade. The government won the historic vote in the upper house 36 to 32.
 Perhaps they should take note of the Brazilian Government.
(Reuters) - Brazilian President Dilma Rousseff plans to cut and simplify taxes for electricity producers and distributors, two senior officials told Reuters, as part of a strategy to reduce Brazil's high business costs and stimulate its struggling economy.
Both governments can't be right.

Comments

  1. What nonsense. We have the strongest economy in the world. 35 countries have a price on carbon. This blog is the most retarded stuff I have ever read. That may be why noone is reading it.

    ReplyDelete
    Replies
    1. "This blog is the most retarded stuff I have ever read. That may be why noone is reading it."

      Well, with all due respect, you have no idea how many are reading it. I know!

      And..... didn't you read it?

      Economics 101 - Stimulate economy - reduce taxes; introduce taxes to retard economy.

      Delete

Post a Comment





All serious comments published after moderation.
Comments should be polite, and respect all views.
No bad language. Spam never makes it!