Comment 50291

By Chris Angel (registered) | Posted October 25, 2010 at 10:55:34

A Smith, much as I am inclined to agree with your comments I am puzzled by your tax tables.

How do you explain Hamilton's growth despite this cities taxes still (after falling from '08 rates) being about double that of Mississauga's commercial and industrial rates? Given your faith in the invisible hand should the spoils not go to the city with the lowest rate?

On a broader note please explain to me sometime how you reconcile faith in the invisible hand with the invisible hand that is picking your pocket? As an example the mortgage bond scandal south of the border, to name but one example of the way greed rushes in to fill an ethical vacuum. I think an update is required of your political/economic beliefs Mr Smith. Naivety exists on both ends of the political spectrum. Much as you reject bankrupting socialist schemes for good reason; the restraining hand of governance is needed to keep the invisible one from robbing us all blind.

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