Sunday, December 29, 2013

This is also is interesting.

Check this:
http://www.bbc.co.uk/news/business-25541739

The second last line of the item is an eye-opener:
Unlike many other countries in Europe, France aims to bring down its huge public deficit by raising taxes as well as some spending cuts

So, what this comes down to is this:
Those who spent the money that they did not have 
now require those who now earn, to pay for it.

This is Gallic logic of course; but its virus afflicts all politicians.
In turn it reflects an ignoble and unethical disposition towards fiduciary care and frugality on one hand and, on the other, who it is one is really to tax:
those labour to earn or those who were the benficiaries.

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