bpnjensen wrote:
On May 4, 10:18 am, "D. Peter Maus" wrote:
[...]

Public spending costs. Cutting taxes produces economic activity
which produces more available revenue to the taxation mechanics.

It never fails. It never has failed.

Peter - you act as though the money coming in to the government
disappears, but that simply does not happen. What is a bureaucracy?
It's PEOPLE. Plain, ordinary people, who spend the money after they
get it and it then leaves the bureaucracy back to the overall
economy.
[...]



It's also absolutely true that the money taken in by the Cosa Nostra
or a burglar contributes to "the flow" in exactly the same way.

What is a burglar or a crime syndicate, after all? PEOPLE. People
who spend money in the overall economy.

The issue, in my view, isn't overall money flow.

Money is just a system of tokens representing how others value the
things that you have done; tokens that those others will happily
trade for the good things that they produce. Burglars and Mafia
lords and politicians take those good things for themselves so you
and your children can't have them. Of course, the scale of the
thefts engineered by politicians buying the votes of the morons
makes the Black Hand look like a kid's lemonade stand.


With all good wishes,



Kevin Alfred Strom.
--
http://kevinalfredstrom.com/