Tim Worstall

It is all obvious or trivial except…

 

 

Ritchie’s new paper!

November 12th, 2012 · 10 Comments

Tax is now the commodity in shortest supply in many economies
around the world.

£500 billion or whatever it is squeezed out of the British populace is short supply now, eh?

Might we not better describe that as excess demand?

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Tags: Ragging on Ritchie

10 responses so far ↓

  • 1 Surreptitious Evil // Nov 12, 2012 at 12:03 pm

    Right, so in addition to Ritchie’s existing re-definitions, we now have to add:

    * commodity,
    * shortest,
    * supply &
    * many

    to the lists of words we have to translate from Ritchie-speak back into dictionary English whenever we read his inane burblings. Oh, FFS …

  • 2 Noel Scoper // Nov 12, 2012 at 12:07 pm

    “How much will it raise? This is not known at present.” Good conclusion

    “That’s because the full scale of losses to tax avoidance are not known”

    I can refer him to papers by TJN, TUC, Christian Aid and others that proclaim to know exactly how much tax avoidance there is as they all get the same answer for the last 5 years. Perhaps he should reference them.

  • 3 Gareth // Nov 12, 2012 at 12:30 pm

    “£500 billion or whatever it is squeezed out of the British populace is short supply now, eh?”

    It is when the Government insists on spending £700 billion a year.

  • 4 Serf // Nov 12, 2012 at 12:40 pm

    Often optimists will claim that the only commodity with infinite supply is human ingenuity.

    It seems like human ignorance and stupidity are never going to reach “Peak” level either.

  • 5 Ian B // Nov 12, 2012 at 4:45 pm

    Tax is a commodity? Who knew?

  • 6 Blue Eyes // Nov 12, 2012 at 7:47 pm

    Difficult to take anything seriously which has so obviously been typed up by an intern on less than the living wage.

  • 7 Runcie Balspune // Nov 12, 2012 at 9:11 pm

    Looks like we’ve hit “peak tax” then.

  • 8 Surreptitious Evil // Nov 12, 2012 at 9:29 pm

    so obviously been typed up by an intern on less than the living wage.

    Good God, no. It would make more sense then. This is the real Ritchie.

  • 9 Ian B // Nov 12, 2012 at 10:15 pm

    The real dim shady?

  • 10 John Galt // Nov 13, 2012 at 1:39 am

    @Runcie Balspune:

    Looks like we’ve hit “peak tax” then.

    IOU 1 Internets.

    UOME a new, non-coffee coloured keyboard!

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