it is a simple fact, as i am sure you are not unaware of, that lowering the level of taxation relative to total wealth increases the rate of growth, and that this has been shown in recent british history to increase the revenue take brought into the exchequer and thus boosting public spending, and all this is done while leaving more money in the pocket of the man on the street.
his welfare is principally derived by how much he can make and keep, not by how much the government can give back to him in public spending.
let me re-iterate for Beskars purposes:
> less taxation = more public spending
> public spending of 43%+ of GDP is depressing growth = poorer people and lower public spending long term
> public spending of 43% of GDP + massive deficit borrowing in boom-time whilst doing nothing to save for the other end of the cycle is gross negligence
interestingly enough, and article on Gladstone discussing exactly this issue:
http://www.telegraph.co.uk/comment/c...n-country.html
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