>>Ah, but the public sector pay their taxes from the money they receive from other people's taxes. The private sector pay theirs from money they generate themselves.
Again a common (partial) nonsense.
Huge amounts of private sector wealth comes from contracts with government, ultimately paid by the tax payer. Or from banking services where it is 'created' by moving around other people's wealth.
As for Stuartli's "Governments don't have any money" - stupid ones don't. Enlightened ones own large chunks of businesses and assets which return as investments rather than taxation (eg soverign wealth funds, and partial privatisations)
Last edited by: Lygonos on Thu 17 Apr 14 at 21:24
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