Reguly: Do you regret cutting the GST now?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. Recommend this Post
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.
My friends, love is better than anger. Hope is better than fear. Optimism is better than despair. So let us be loving, hopeful and optimistic. And we'll change the world. Jack Layton
Saturday, July 11, 2009
Stephen Harper, Economist
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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.
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