Tuesday, September 16, 2003

Centrist Coalition

Tacitus website

I posted here, to which someone responded like this. There's a lot of posts, so you have to swim thru a lot of stuff to get to where you want to be.

So, all you have to do is print money and assess taxes? How...novel. So, your entire point is that if the Indians had printed money and assessed taxes, they'd be in much better shape now? If only they'd known...paper money in lieu of wampum would've saved their asses. Oh, and taxes. We mustn't forget the wealth-generating power of taxes.

Silly me. I'd been under the impression that it was things like growing food, making clothing, assembly of consumer goods, innovation in manufacturing, and stuff like that there. Guess I need to crack another history book or two.

My comment about the Indians was meant to be a bit playful as well as highlight an example of a society without any taxes, laws etc. It didn't help that they did not have the technology to produce guns. But that's another story. I didn't think I'd have to go into a full blown explanation about Native Americans or really any society with a government or taxes. But if being snarky makes the guy feel better so be it.

However the arrogance in which you cite standard mantra of the free market believed is still highy flawed. The financial institutions to which so much of the wealth can be attributed to and the wealthy benefit so much from are supported by tax dollars.

Ummm...Moe, I'm going to have to disagree with you on this one. Taxes redistrubute wealth. The wealth had to be there (created by individuals) in the first place in order for tax rates to yield nonzero taxes.

The wealth you're taking about has either been created by government (as in currency), protected by government (as in the law, the military, and courts that maintain that your car/house/property is yours) or at the very least has been facilitated by government (education, roads, etc etc.) Without government all that wealth in your bank account is nothin but paper.

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