Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: combjelly who wrote (368034)	2/27/2008 5:12:00 PM
From: TimF	Read Replies (2) of 1576529

Oh yeah? Then what does "Other things don't have the dead weight loss that comes from taxation." mean? It is only a dead weight loss if it doesn't do anything. No. You get dead loss if raising X in tax revenue, cost X+Y in lost private sector income. The Y is the dead weight loss and X+Y is the real cost. That's true even if spending the money produces something useful. What it produces is the benefit and X+Y is the cost. Even if the benefit of the spending is greater than the cost, it doesn't mean that there isn't any dead weight loss from the taxation, only that the benefit from the spending is enough to make that loss worthwhile. "No it isn't." Sure it is, Tim. Where the government gets the money does not impact the fact that they spend it. And they spend it on the open market, not in some command economy. They raise it in a command economy way, and then spend it based on political decisions. That spending isn't free market spending and its ridiculous to suggest otherwise.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next