I cannot believe that after socialism failed so many times in recent past I will see NYT publishing illogical economic piece about this in the capital of paper shuffle game.
the democrats are obsessed with money, they think it is the answer to everythingI cannot believe that after socialism failed so many times in recent past I will see NYT publishing illogical economic piece about this in the capital of paper shuffle game.
A bit of a non sequitur to a FTT. There is already a federal tax of $.184/gallon on gasoline, and state taxes average an additional $.26, so raising the rate is a much different thing than imposing an entirely new tax on financial transactions with the corresponding unknown unintended consequences, and the lack of connection between terrorism and financial transactions. Given that much of the trillions we spend in the middle east are to protect oil, it could be argued that taxing the users of that commodity to pay for protecting it makes sense.the democrats are also asking for a 1 cent per gallon gas tax to fight terrorism
I do not think that word "socialism" means what you think it means. The FTT is most probably a bad idea. Imposing one to pay for fighting terrorism, while also probably a bad idea, is not socialism in any way.I cannot believe that after socialism failed so many times in recent past I will see NYT publishing illogical economic piece about this in the capital of paper shuffle game.
I do not think that word "socialism" means what you think it means. The FTT is most probably a bad idea. Imposing one to pay for fighting terrorism, while also probably a bad idea, is not socialism in any way.
Now you're advising world leaders on the dangers of a FTT?We traveled the world in 2011 advising them of such so don't worry.