I saw nothing great at all about last night's Great Tax Debate on TVNZ. A lot of people bickering about how they would spend someone else's money, and demands from some morons that their money be taken from them by someone else because they themselves don't have the brains they were born with.
The only one who made any sense was the young chap subtitled bizarrely as 'Wrote a Letter to the Editor' who made a similar point to mine above, though much more politely and with a quote from Alan Greenspan*, only to see his well-made point totally ignored by the studio bickerers more interested in picking over the bones of other people's money.
And I noticed Roger Kerr might have 'gone Austrian,' saying inflation is a monetary phenomenon caused by the reserve bank. Quite right too.
[UPDATE 1: If you want to see the bickering again, or you missed it the first time around and want to look into the eyes of those who think your money is their's to dispose of, TVNZ has the whole sad, sorry show on their site, here.]
*[UPDATE 2: The young chap's name is Fraser Hungerford -- a 'christian surfer' apparently! -- and Greenspan's quote is this: "Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes." It comes from his essay 'Gold and Economic Freedom.'