There is a big difference between tax cuts in general and tax cuts on the poorest people in society.
But I agree. Tax cuts across the board are a bad thing usually but I can see why people vote for that. People feel they need more money and it’s not coming from wage increase.
Are functionally no different than higher wages. But without public infrastructure - housing, education, health care, etc - what does an extra couple grand actually buy?
We’ve seen this in the US for decades. A pittance of tax cuts pitched as a percentage of income is presented as this enormous boon. But then wages stagnate, prices skyrocket, and debts soar in the face of new privatization.
And then we’re worse of than when we started.
The tax cut doesn’t buy anything in an inflationary economy
Yes so we agree. Wages need to be increased and the best way to do that is to stop businesses undercutting wages by hiring cheap foreign labour. Demand for labour goes up and with it wages.
Wages need to be increased and the best way to do that is to stop businesses undercutting wages by hiring cheap foreign labour.
Urban density increases the efficiency of public services. Wage rates do not.
Trying to keep populations small and fragmented does nothing to improve domestic quality of life. And rising domestic populations don’t hurt overall household incomes. Cartelized labor markets are what do that.
Inflation is largely a global issue.
Prices vary enormously by local regions. And price gouging is increasingly difficult over large distances.
Inflation is most commonly a consequence of local commodity monopolization, not global price trends.
There is a big difference between tax cuts in general and tax cuts on the poorest people in society.
But I agree. Tax cuts across the board are a bad thing usually but I can see why people vote for that. People feel they need more money and it’s not coming from wage increase.
Are functionally no different than higher wages. But without public infrastructure - housing, education, health care, etc - what does an extra couple grand actually buy?
We’ve seen this in the US for decades. A pittance of tax cuts pitched as a percentage of income is presented as this enormous boon. But then wages stagnate, prices skyrocket, and debts soar in the face of new privatization.
And then we’re worse of than when we started.
The tax cut doesn’t buy anything in an inflationary economy
Yes so we agree. Wages need to be increased and the best way to do that is to stop businesses undercutting wages by hiring cheap foreign labour. Demand for labour goes up and with it wages.
Inflation is largely a global issue.
Urban density increases the efficiency of public services. Wage rates do not.
Trying to keep populations small and fragmented does nothing to improve domestic quality of life. And rising domestic populations don’t hurt overall household incomes. Cartelized labor markets are what do that.
Prices vary enormously by local regions. And price gouging is increasingly difficult over large distances.
Inflation is most commonly a consequence of local commodity monopolization, not global price trends.
Well some I agree with strongly. Other stuff you have just completely made up. Were you get your info from Facebook?
Huh?