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The problem was low average productivity naturally leading to low average consumption. The problem was not low taxation.
by peterfirefly 2y ago
The problem was low average productivity naturally leading to low average consumption. The problem was not low taxation.
- spiderfarmer 2y agoMany of our modern conveniences and improvements are the direct result of public investments made possible through taxation. Without this funding, the level of development and quality of life we enjoy today might not have been achievable. If you prefer living in 1913, you're a hopeless romantic.
- peterfirefly 2y agoAnd most are not. I repeat that the problem back then was a low average productivity and not insufficient taxation.
- deleted 2y ago[deleted]