Post #2404610
2026-03-28 12:54 UTC
@dneary@mastodon.ie @peterbrown@mastodon.scot @MrAndrewD@aus.social @notjustbikes@social.notjustbikes.com
Please explain this to a person like me who last took a taxi years ago, last ordered take out during the pandemic (a bicyclist delivered it) and who is a big fan of public transport, bicycling, and renting vehicles.
To me it sounds great to make these services more expensive, it will benefit the alternatives. But I could be wrong.
Replies (1)
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@dneary@mastodon.ie 2026-03-28 14:24
@rrustema020@mastodon.nl @peterbrown@mastodon.scot @MrAndrewD@aus.social @notjustbikes@social.notjustbikes.com We hit on a key point - fiscal policy is about a few different things: 1. Managing inflation - taxing people takes money out of the economy, Government spending puts money into the economy. Tax policy's first job is to prevent the economy from overheating. 2. Wealth redistribution - in the absence of intervention, wealth floats to the top. Progressive fiscal policy takes more from the wealthy and subsidizes the poor, for the good of society (1/2)