He manages to contradict himself in his introduction!

Interest in analyses of spillover effects, (the direct impact of one country’s tax policy on
another country’s tax base, tax policy and economic activity), has been growing since the
IMF sought to define the term, and proposed econometric methods for evaluation (IMF,
2014.) The basic proposition justifying spillover analysis, is that countries’ tax regimes can
produce profit shifting and tax base erosion, as well as other forms of tax competition that
erode the revenue raising capacity of governments, while detrimentally effecting levels of
real economic activity in other jurisdictions through various forms of capital flight

Remember how money never moves around because of tax? Now we’ve got capital flight because of tax.

Sigh.

20 thoughts on “He manages to contradict himself in his introduction!”

  1. I guess the Stump has a new espresso machine that’s been going full tilt and causing him to bounce off the walls.

  2. I think Murphy has said that the Laffer curve doesn’t exist, and that the UK is on the upward slope of it.

  3. well in his fantasy piece about houses as tax havens – it is blatantly at odds with his definition of tax havens from all of 6 months ago – “Tax havens are amorphous things. Defining them is hard because they come in so many shapes and forms. What can be said is that ALL of them create laws and regulations that are not intended to be for the benefit of their own population but are instead of benefit to people who live elsewhere in the world.”

    I’ve posed the question about this, but have got the usual flannel. He’s now suggesting that council tax is not a payment for local services as well. Obviously in Spudworld council tax is to control local inflation.

  4. Local taxes are levied to pay the salaries and pensions of generally useless cvnts unemployable in any productive role.

  5. Local taxes are levied to pay the salaries and pensions of generally useless cvnts unemployable in any productive role.

    Embarrassingly accurate.

  6. Per his reply – he doubles down by saying “At the same time I am also saying that the idea that council tax us a charge is ridiculous and has to go.” – so per his logic – services will still be provided regardless of whether anyone pays council tax or not.

  7. I’m still plugging away – it seems that his desire to raise taxes is at odds with his claim that taxes are unnecessary for spending is a contradiction he is unwilling to admit. I’ve posed the question if this is true why raise extra taxes on householders except out of envy ? Of course the big question of supply and demand he deems irrelevant to questions about shortages and the subsequent rise in prices. perhaps he really believes prices are not influenced by supply and demand

  8. perhaps he really believes prices are not influenced by supply and demand

    If any concept is even remotely like an economic orthodoxy or completely bleeding obvious Murphy opposes it in principle.

  9. Those that successfully applied were also able to backdate payments, leaving the council having to fork out for overpaid council tax.

    Rolls eyes.

    Looks like Ceredigion has lots of people who cannot understand consequences of actions. Murphy would fit right in.

  10. Rob,

    I’m interested in knowing how many of the seventy odd who have applied are members of the council (because a fair few own holiday lets)

  11. Rob – according to murphy – council tax is irrelevant to council finances “At the same time I am also saying that the idea that council tax us a charge is ridiculous and has to go.” so there are no consequences. I presume they just pick more money from the mmt or sell a few unicoirns or something

  12. I admire those who try to engage seriously with Murphy. I gave up a long time ago. Trying to get coherent arguments from him is nigh on impossible and then there are the insults, “respectfully”.

    So I don’t bother any more. At least here I get to call him what he is – a cvnt, and I know he reads this blog.

  13. “At the same time I am also saying that the idea that council tax us a charge is ridiculous and has to go.”

    And when challenged would fall back on some semantic definitions of ‘tax’ and ‘charge’ before banning you.

  14. @Rob or as his latest reply – totally ignores that’ And “I can assure you I am envious of no one: I enjoy considerable personal good fortune, over all and certainly am not seeking to remove anyone else’s” – except for wanting to monitor peoples bank accounts for excessive consumption, increasing tax on owner occupiers because the value of their house has risen and a miriad of other unpleasant ideas that fall so easily from his pen.

    @bravefart – it’s fucking hard going as he refuses to answer any questions put to him.

  15. He is also on record referring to allowances and reliefs such as Capital Allowances as “Tax Subsidies” and insisting they were simply unecessary.

    It doesn’t sit.well with his latest claim does it.

  16. We know how Snippa disdains public choice theory, most of micro economics, etc, who is going to put a question about behavioural economics to the City Retard?

  17. as per usual he resorts to insults after refusing to answer questions and lets his lickspittles comment then closes comments.

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