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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mas.to/users/blepharon/statuses/111482061958239416">Sir Rab Nesbitt Κύριε_ἐλέησον (blepharon@mas.to)'s status on Tuesday, 28-Nov-2023 16:12:47 JST</a><a href="https://mas.to/@blepharon" title="blepharon@mas.to"><img src="https://gnusocial.jp/avatar/28684-48-20240316234104.webp" width="48" height="48" alt="Sir Rab Nesbitt Κύριε_ἐλέησον" style="position: absolute; left: 0; top: 0;">Sir Rab Nesbitt Κύριε_ἐλέησον</a><div><a href="https://kolektiva.social/@stylo_the_unicorn/111481286205721577" rel="in-reply-to">in reply to</a><ul><li><li><a href="https://gnusocial.jp/user/88535" title="stylo_the_unicorn@kolektiva.social">🌈 Dipl. Gangster Maddy Stylo 🦄</a></li><li><a href="https://gnusocial.jp/user/218194" title="mmt@mastodonapp.uk">MMT for Progressives</a></li></ul></div></section><article><p><a href="https://kolektiva.social/@stylo_the_unicorn">@stylo_the_unicorn</a> <a href="https://mastodonapp.uk/@MMT">@MMT</a> <a href="https://mas.to/@RichardJMurphy">@RichardJMurphy</a> </p><p>Another function of taxation is redistributive. If money needs destroying, tax those with most money - their money is lazy, sitting in savings, overseas. If you want to generate spending in the real economy (the pockets of the low paid, whose money works hard, as they spend it (usually LOCALLY) because they NEED stuff to survive) then cut taxes for the lower paid. <a href="https://mas.to/@RichardJMurphy">@RichardJMurphy</a> 's blog is a great resource. <a href="https://www.taxresearch.org.uk/Blog/" rel="nofollow noreferrer">https://www.taxresearch.org.uk/Blog/</a><br><a href="https://mas.to/tags/MMT" rel="tag">#MMT</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/2386891#notice-4715388">In conversation</a><time datetime="2023-11-28T16:12:47+09:00" title="Tuesday, 28-Nov-2023 16:12:47 JST">about a year ago</time> <span>from <span><a href="https://mas.to/@blepharon/111482061958239416" rel="external" title="Sent from mas.to via ActivityPub">mas.to</a></span></span><a href="https://mas.to/@blepharon/111482061958239416">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: www.taxresearch.org.uk</div><h5><a href="https://www.taxresearch.org.uk/Blog/">100km of cable a day</a></h5><div> from <span>Richard Murphy</span></div></header><div>As The Guardian notes this morning:From next year, engineers will need to roll out more than 100km (62 miles) of electric cabling every day until 2040 if the government hopes to power the UK towards its climate goals, according to new data.
Analysis of Britain’s existing power grids and the country’s...</div><footer></footer></article></li></ol></footer></blockquote>

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Sir Rab Nesbitt Κύριε_ἐλέησον (blepharon@mas.to)'s status on Tuesday, 28-Nov-2023 16:12:47 JSTSir Rab Nesbitt Κύριε_ἐλέησον
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@stylo_the_unicorn @MMT @RichardJMurphy
Another function of taxation is redistributive. If money needs destroying, tax those with most money - their money is lazy, sitting in savings, overseas. If you want to generate spending in the real economy (the pockets of the low paid, whose money works hard, as they spend it (usually LOCALLY) because they NEED stuff to survive) then cut taxes for the lower paid. @RichardJMurphy 's blog is a great resource. https://www.taxresearch.org.uk/Blog/
#MMT
In conversationabout a year ago from mas.topermalink
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  100km of cable a day
  from Richard Murphy
  As The Guardian notes this morning: From next year, engineers will need to roll out more than 100km (62 miles) of electric cabling every day until 2040 if the government hopes to power the UK towards its climate goals, according to new data. Analysis of Britain’s existing power grids and the country’s...

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