A good friend was furious this morning with her local council when she found out they were going to charge her extra in order to dispose of her old mattresses and fence. She asked the reasonable question: what do we pay council tax for anyway. The roads are a mess and we pay road tax for that anyway. In order to provide her with an answer I had to take a trip down memory lane, to my uni days where regurgitating Keynesian baloney was the one sure path to academic success (ie. good grades). The answer is simple: You primarily pay a council tax so that council employees and politicians can have a salary which they may choose to spend on something from your business, generating an income for you while stimulating an increase in aggregate demand. *MAGIC* If the above is not making any sense to you, shame on you! You are a heretic and a cult members in the science of economics and shall be punished with excommunication by the fields orthodox mob.
Posted on: Mon, 08 Sep 2014 11:33:44 +0000
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