Tom Stoneham on Nostr: There is such an obvious inconsistency between trickle *down* and *rising* tide that ...
There is such an obvious inconsistency between trickle *down* and *rising* tide that I am endlessly surprised anyone gets away with combining these metaphors.
*Rising tide* is actually a very good metaphor for the economics of redistributive taxation, since the beneficiaries will spend a greater proportion (often >100%) of their income thereby creating growth.
Published at
2024-05-28 10:11:42Event JSON
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