Comments on: Compass launch ‘In Place of Cuts’ Report http://liberalconspiracy.org/2009/11/24/compass-launch-in-place-of-cuts-report/ Left-wing news, opinion and activism Fri, 25 May 2012 19:48:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tim Worstall http://liberalconspiracy.org/2009/11/24/compass-launch-in-place-of-cuts-report/#comment-86349 Tim Worstall Wed, 25 Nov 2009 11:58:49 +0000 http://www.liberalconspiracy.org/2009/11/24/compass-launch-in-place-of-cuts-report/#comment-86349 Yes, it's Richard Murphy again. He seriously believes that raising average tax rates on the top decile from 34% to 55% will have no effect on behaviour. That marginal tax rates of 75% will not lead to either income or substitution effects. I've been trying to get him to substantiate such claims but get just a combination of "all economists are wrong and I'm right" and "prove it". Neither of which are really great bases for such a radical change in public policy really. Yes, it’s Richard Murphy again.

He seriously believes that raising average tax rates on the top decile from 34% to 55% will have no effect on behaviour. That marginal tax rates of 75% will not lead to either income or substitution effects.

I’ve been trying to get him to substantiate such claims but get just a combination of “all economists are wrong and I’m right” and “prove it”.

Neither of which are really great bases for such a radical change in public policy really.

]]> By: David Skelton http://liberalconspiracy.org/2009/11/24/compass-launch-in-place-of-cuts-report/#comment-86231 David Skelton Tue, 24 Nov 2009 15:25:18 +0000 http://www.liberalconspiracy.org/2009/11/24/compass-launch-in-place-of-cuts-report/#comment-86231 <span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">What a pretentious title! Please don't compare yourself to Nye Bevan! RT @libcon: :: Compass launch 'In Place of Cuts' http://bit.ly/7ZiuMz</span></span> What a pretentious title! Please don't compare yourself to Nye Bevan! RT @libcon: :: Compass launch 'In Place of Cuts' http://bit.ly/7ZiuMz

]]> By: Liberal Conspiracy http://liberalconspiracy.org/2009/11/24/compass-launch-in-place-of-cuts-report/#comment-86230 Liberal Conspiracy Tue, 24 Nov 2009 15:13:12 +0000 http://www.liberalconspiracy.org/2009/11/24/compass-launch-in-place-of-cuts-report/#comment-86230 <span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">:: Compass launch 'In Place of Cuts' Report http://bit.ly/7ZiuMz</span></span> :: Compass launch 'In Place of Cuts' Report http://bit.ly/7ZiuMz

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