tag:blogger.com,1999:blog-15037609.post115737254552215272..comments2023-10-01T16:53:17.274+01:00Comments on Cicero's Songs: Dividing up the pieCicerohttp://www.blogger.com/profile/02090838836212624633noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-15037609.post-1157487404525380912006-09-05T21:16:00.000+01:002006-09-05T21:16:00.000+01:00"Therefore whatever the political agenda- flatter ..."Therefore whatever the political agenda- flatter taxes, higher taxes, strongly progressive taxes- the key to the success of any of these policies is going to have to be simple taxes."<BR/><BR/>This is exactly right. Even starting out from the simple assumption that the total tax-take remains level initially, simplifying the system makes it easier to collect a greater percentage of the money owed, and costs less to administer. So, next year, the option to reduce tax levels without any fall in expenditure is workable.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15037609.post-1157385019085753312006-09-04T16:50:00.001+01:002006-09-04T16:50:00.001+01:00One problem for me with the Laffer Curve is that t...One problem for me with the Laffer Curve is that the name irresistably reminds me of Laffam's Plain as in the Corps of Royal Engineers song:<BR/><BR/>"For we're marching on to Laffan's Plain, To Laffan's Plain, to Laffan's Plain, <BR/>Yes we're marching on to Laffan's Plain Where they don't know mud from shit."<BR/><BR/>Come to think about it "not knowing mud from shit" is a good summary of New Labour economic policy...Edishttps://www.blogger.com/profile/10852931736127760026noreply@blogger.comtag:blogger.com,1999:blog-15037609.post-1157385005956927892006-09-04T16:50:00.000+01:002006-09-04T16:50:00.000+01:00One problem for me with the Laffer Curve is that t...One problem for me with the Laffer Curve is that the name irresistably reminds me of Laffan's Plain as in the Corps of Royal Engineers song:<BR/><BR/>"For we're marching on to Laffan's Plain, To Laffan's Plain, to Laffan's Plain, <BR/>Yes we're marching on to Laffan's Plain Where they don't know mud from shit."<BR/><BR/>Come to think about it "not knowing mud from shit" is a good summary of New Labour economic policy...Edishttps://www.blogger.com/profile/10852931736127760026noreply@blogger.com