[lbo-talk] Tuff Lib'rul

Bill Bartlett billbartlett at dodo.com.au
Fri Jan 30 14:39:54 PST 2004


At 11:11 AM -0500 30/1/04, Doug Henwood wrote:


>>Either way, they will have to pay. Deficit spending isn't an
>>alternative to taxation, since interest inevitably can only be
>>repaid from tax dollars.
>
>For sure, but it can be repaid by squeezing programs other than debt service.

That's a different question though.

What they spend the tax revenue on is definitely a matter we should be concerned with. But how they raise taxes don't directly affect the working class. Let the capitalists fight amongst themselves about who pays, there is no point us agonising about it and taking sides in their fights.

Bill Bartlett Bracknell Tas



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