Date: 2021-03-15 02:11 pm (UTC)
cmcmck: (Default)
From: [personal profile] cmcmck
Just how far Cressida Dick doesn't get it is bloody terrifying!

There were several vigils throughout the West Midlands and nothing like this happened at any of them.

Go figure as our USian cousins say.............
jducoeur: (Default)
From: [personal profile] jducoeur

The headline there is a mix of truth and exaggeration, mirroring the exaggeration that the other side traditionally puts forth.

I mean, this is usually presented as a binary: "raise taxes, and everyone will flee". That's obvious nonsense, as this article is pointing out. What matters is how much you raise taxes. Neither side wants to talk about nuance -- one usually tries to claim that any tax rise will destroy the world, the other usually tries to claim that you can tax arbitrarily high without hurting anything. Both are basically full of BS.

The real question is, where's the right balance point? It's dead-certain that you could raise taxes by a fair bit without causing grievous harm. It's also dead-certain that, past a certain point, it becomes counter-productive. The right thing to do is to study this as empirically as possible, and find a good middle ground, and I'm glad to see studies like this. If only there were more politicians paying attention...

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