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Thread ID: 63618	2005-11-16 22:07:00	What Price Tax Cuts....again	Terry Porritt (14)	PC World Chat

Post ID	Timestamp	Content	User
404861	2005-11-18 02:42:00	... What I did inferentially complain about was the way they sold at below cost to capture a market and kill off opposition, then subsequently raise their prices when they had captured the market. ... Isn't this just how the "market" is supposed to work? I'm sure this elementary technique would be taught in all the Business schools.	Graham L (2)
404862	2005-11-18 03:04:00	Lizard - perhaps we should link this thread to Sharetrader and see what other fun arises. ;) I'm inclined to think that the standard of living must come from growth, not the other way around, unless I have missed your point. Population growth is uncontrolled in Western countries and in fact is encouraged by tax incentives. In the pure sense, there isn't aimless growth. Owning umpteen pairs of jeans, shoes etc makes the individual feel well off. And gives jobs to third world people who might otherwise starve. But the resource ie. agricultural land to grow cotton is limited. Arguably it can be used more efficently to grow food, or even be returned to forest to provide a habitat for the symbiotic creatures we share the Earth with. Enhance rather than destroy the natural environment. But consumption or population growth would need to be constrained. I guess that was my point, that population growth is encouraged by tax incentives in western countries, and the consequent need to raise relative standards of living creates pressure to grow economically. However, if the overall focus on "growth" was less "fundamentalised", and a new focus found (sustainability, equality, etc..), the rapid consumption of limited resources might be constrained. Admittedly, this is pie in the sky stuff, and runs counter to current economic ideals based around capital, but if anyone thinks our current path is perpetually sustainable, they're kidding themselves. Maybe not today, maybe not tommorow, but somewhere down the track, we'll have to pay the bill. Lizard	Lizard (2409)
404863	2005-11-18 03:12:00	If someone takes something from you without your consent,what would you call it,theft perhaps?. If the government takes part of your earnings without your consent,what do you call that? It all started with Kings and his lords taking from the peons to keep them in the manner to which they had grown accustomed and it hasn't stopped since.	Cicero (40)
404864	2005-11-18 03:49:00	Ah, this thread again. :p Just remember that the New Zealand economy is suffering from high inflation and the more the government embarks on expansionary fiscal policy the higher it will go. Thus the reserve bank must embark on contractionary monetary policy to get inflation under control. In this situation it is better to cut taxes by $20 million rather than increase government spending by $20 million due to the money multiplier effect. Really in my opinion the best option would be to do neither and just put the money away somewhere and forget about it for a while but if one must be done the former is the lesser of two evils. However if Labour decides to do both you have the worst case scenario. I haven't been following the latest on this, but if it meant they were going to cut back on some of their spending (which I doubt) then I suppose it would be a good thing though not as good as the alternatives. :)	maccrazy (6741)
404865	2005-11-18 03:52:00	If someone takes something from you without your consent,what would you call it,theft perhaps?. If the government takes part of your earnings without your consent,what do you call that? It all started with Kings and his lords taking from the peons to keep them in the manner to which they had grown accustomed and it hasn't stopped since. 'Twas ever thus Cic. That's why the peasants grow forelocks, to tug at or touch when their lord and master passes by. The major problem is that too many people have got above themselves, and don't know their humble place in society. The sooner the bird flu pandemic occurs and brings the worlds population down to a sensible level the better :eek:	Terry Porritt (14)
404866	2005-11-18 04:38:00	If someone takes something from you without your consent,what would you call it,theft perhaps?. If the government takes part of your earnings without your consent,what do you call that? It all started with Kings and his lords taking from the peons to keep them in the manner to which they had grown accustomed and it hasn't stopped since. :stare: :stare: Whoa there Tom. That argument just brings out the loonies and causes distraction :D Besides if you are found to be sufficently intoxicated in charge of a car, the nice policeman will take it away from you despite your most earnest and loudly proclaimed lack of consent. Consent don't enter into it old chap. Anyway the King levied taxes so he could pay soldiers and build roads etc. That is the genesis of modern taxation. Defence of the realm and provision of law and order.	Winston001 (3612)
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