tag:blogger.com,1999:blog-7820485130017459619.post6922131527897559333..comments2023-10-24T01:46:47.151-07:00Comments on CynicusEconomicus: The Multiplier EffectUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7820485130017459619.post-77243819898153614842012-10-20T09:00:02.073-07:002012-10-20T09:00:02.073-07:00Keynes's multiplier is a mathematical identity...Keynes's multiplier is a mathematical identity whereby the consumption function series equals the reciprocal of the savings function, and is utterly useless in spite of sounding very learned. My name is Peter L. Griffiths. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-68920125752428661012011-04-07T01:04:00.761-07:002011-04-07T01:04:00.761-07:00Certain sectors require us all to contribute, as i...Certain sectors require us all to contribute, as it is impossible not to have them involved in our lives.Juegos de Ben 10http://www.ben10juegos.org/noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-72498729494679137122008-07-20T13:35:00.000-07:002008-07-20T13:35:00.000-07:00I would like to see a tax system where the individ...I would like to see a tax system where the individual could opt out of some public services in exchange for tax breaks.<BR/><BR/>Certain sectors require us all to contribute, as it is impossible not to have them involved in our lives.<BR/><BR/>The best example of this is the Police.<BR/><BR/>But I would like to have an option to opt out of all NHS services and resources, other than the ability to call for an ambulance to take me to a private hospital. Shouldn't that be 10% off my tax bill?<BR/><BR/>To opt out of all state education for any children I had. Should they go to University, they would be 18 years old and responsible for themselves. Another 10% reduction?<BR/><BR/>I might well feel that I will never claim benefit, so I should opt out of that. Of course that is not feasible. The worst case scenario must be assumed - that I will find myself broke and unemployed at some point in my life and therefore have nobody left to rely on, except the state.<BR/><BR/>Of course, many will argue that this will lead to a widening chasm between the rich and poor. The state is increasingly paid for by the less well off. Having said that, more people are encouraged to relieve the pressure on the education and health services. They are also creating new jobs as customer-driven private hospitals and schools should be created to meet demand.<BR/><BR/>The key to this working would, presumably, be the tax-relief being less than the average cost to the state of what I would be expected to cost the state if I didn't opt out.<BR/><BR/>The figure of 10% was just plucked out of the air. I have no idea how much it would cost the state.<BR/><BR/>CynicusEconomicus, what are your thoughts on this? I am sure this idea would horrify most people, who would find it easy to pick holes in. I still feel that essentially that this is the only way forward.<BR/><BR/>DanAnonymousnoreply@blogger.com