freediver wrote on Jul 4
th, 2024 at 2:30pm:
Quote:Less than the rich; you claimed the poor were subsidizing the rich.
Every country taxes the poor less than the rich. That has nothing to do with whether they are subsidising the rich.
More back-to-front nonsense from a "freedom values",
survival of the fittest, blind ideologue.
Countries impose taxes to pay for government services; economic justice requires higher taxes on the wealthy, so that the government can fund necessary public services - and maybe subsidize the poor, and /or certain nation building industries which the market won't build without subsidies.
Meanwhile the Oz government thinks giving the highest 20% of earners (over $200k) c. $4k in stage-3 tax breaks, while giving back $500 to those on $45k is somehow economic justice, when those below the Henderson poverty line who are living on the dole get nothing.
Quote:TGD:
Because your incapacitated "freedom values" brain can't see the difference between state subsidization of industry to reduce pollution, and state subsidization of poor people via taxes on the rich.
Because I call them both subsidies?
No; because you reckon
government subsidizing the poor means the poor are subsidizing the rich, see your ridiculous comment in #455:
"So where does the money come from then? Are you suggesting the CCP could subsidise the rich without limit and it would not take anything from the poor?"
LIke I said, the money (for subsidization of the poor) COULD come from the nation's Treasury (for free; see MMT), or - under present mainstream, flat-earth monetary arrangements, from taxing the rich more.
Quote:You seem a bit confused about the term subsidy. I never claimed China was subsidising the poor. What do you think the word means?
Indeed, you claimed the opposite: that government subsidizing purchase of EVs by low income groups amounts to the poor subsidizing the rich, because the poor in China "can't afford EVs".
I already told you EVs are within range of the poor in China, since prices for the cheapest EVs in China start aroung 40k yuan (equal to c. Oz $10k).
A small subsidy for the poor would clinch the deal for lower wage earners, and not cost the rich too much in higher taxes.
[Av. wage in China is around Oz $16k/yr.)
Over to you: the workings of your "freedom values" brain are wondrous to behold.