Taxation: One tax philosophy today says that taxes should fall heavily on consumption in order to encourage saving and investment because without investment, an economy will stagnate. Another philosophy says taxes should fall primarily on the ownership of assets because those with the greatest wealth can afford to pay the most and because the value of natural resources does not come from individual effort. Which of these approaches to taxation is preferable? What other tax philosophies exist?
The End of Poverty
“The End of Poverty” is about the roots of global poverty. Hunger and deprivation are not portrayed as problems that can be solved with technology, foreign aid, or development planning. Instead, this film reveals the ways poverty arises from neocolonial policies that lock poor countries into a state of dependency. Foreign aid and economic development have been frauds, costing millions of people their lives. By tracing the global history that has led up to the current situation, “The End of Poverty” dispels a number of myths. It then offers a new framework with which we might begin to address the true causes of poverty.-