Tax evasion does not, of course, whatever Ritchie says, cost the world anything. We are still a closed system. That less money goes to governments does not mean that that money ceases to exist. It still gets spent or invested somewhere or other. Indeed, dependent upon what happens to that money, and how badly the government that didn’t get it would have spent it, tax evasion could, conceivably, result in an improvement in the human condition. But even leaving aside such an extreme (for example, someone takes the loot from tax evasion and invests it in a malaria vaccine, as opposed to the British Government which would have used £10 billion to build an NHS computer system that does nothing at all) it’s still true that tax evasion does not mean a loss for the world. Only a different distribution of the cash.Hat-tip Samizdata
- Tim Worstall
Thursday, December 19, 2013
Quote of the Day
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2 comments:
The fundamental fact this communist cannot grasp s that its my money. I made it. Communists like this author are bludging one way or another by the state - direct employees like civil servants and teachers, indirect employees like doctors, nurses, teachers, subsidised bludgers getting WFF or accommodation supplement or complete bludghers on the dole, DPB, super, sickness, ACC.
This is well more than half of all Kiwis - probably 80-90%. For these people, the idea of their money is something they can never understand because, well, they don't have any money. All their money comes from the state - which means the 10% of Kiwis who basically pay all the tax for everyone else. So to them, of course there is no difference.
But for we few, we "happy" few, we make our own money. It really is ours. We pay tax but the money we've had ripped from us by the state is still ours. We pay workers but they money they use to feeds their families, to house themselves, even to pay to economic terrorists like Unions and Labour is still ours!
It really is our damn money - something the 90% will never, ever understand.
nice quote....
^^
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