jupling on Nostr: When i studied macroeconomics, I was taught tax is the bad guy, as it reduces ...
When i studied macroeconomics, I was taught tax is the bad guy, as it reduces spending power hence a lower AD that slows the economy.
When I did public policy later, tax is the main source of public revenue to provide public goods, and for myself i always sees it as a redistribution tool, in an ideal scenario, where power is not in play & corruption does not exist.
With the existing unequal opportunities, how would you suggest we overcome this stealing issue & at the same time ensure that those left behind gets the opportunity to earn?
Published at
2023-03-11 02:04:37Event JSON
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"content": "When i studied macroeconomics, I was taught tax is the bad guy, as it reduces spending power hence a lower AD that slows the economy.\n\nWhen I did public policy later, tax is the main source of public revenue to provide public goods, and for myself i always sees it as a redistribution tool, in an ideal scenario, where power is not in play \u0026 corruption does not exist.\n\nWith the existing unequal opportunities, how would you suggest we overcome this stealing issue \u0026 at the same time ensure that those left behind gets the opportunity to earn?",
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