This in turn implies progressive taxation – evidence shows that modest levels of redistribution have considerably greater impact on poverty reduction than economic growth alone.

It does?

Two hugely redistributionist countries, North Korea and Cuba (and their now failed Soviet counterparts) have reduced poverty more than the US, UK or Hong Kong? Really?

4 thoughts on “Really?”

  1. Yes, they do reduce poverty. Because socialists define poverty relatively.

    You’re not very good at socialist doublethink, are you Tim?

  2. Are you deliberately ignoring the word “modest” in the quoted text?

    Tim adds: “modest” is of course in the eye of the beholder. Tony Benn/Dennis Healy thought that 98% tax rates were “modest”.

  3. “modest” is of course in the eye of the beholder
    So since you support CBI as a redistributive measure and presumably believe that this is fairly modest and reduces poverty more than would otherwise be the case I’m not sure what you disagree with other than the definition of “modest”.

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