Saturday, July 11, 2009

Stephen Harper, Economist

From the Globe:
Reguly: Do you regret cutting the GST now?

Harper: No, not at all.

Reguly: No?Harper: No, it's ... First of all, I believe cutting all taxes is good policy, okay? I... I'm of the school that... You know, there's two schools in economics on this, one is that there are some good taxes and the other is that no taxes are good taxes. I'm in the latter category. I don't believe any taxes are good taxes.
Harper is from the don't tax but spend school of economics. He believes the way to build a prosperous nation is to not to pay cash up front for goods and services through taxes, but to borrow heavily from Chinese investors. The way Steve sees it, this strategy has worked so well for the United States, that we would be fools not to get a piece of that action for ourselves.
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1 comment:

  1. Uhm, this is intriguing. I'm wondering which school claims that no taxes are good taxes. Harper could have been more specific, because I have never heard of a school like that. Best, Julie.