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Funding science with taxes raised by income tax is socialist for me. Economic theory shows that income tax is the least distortionary kind of tax, What you ar
by yetanotherphd 13y ago
Funding science with taxes raised by income tax is socialist for me. Economic theory shows that income tax is the least distortionary kind of tax,
What you are advocating is populism. You see a large transaction, and say "we could use some of that!", without thinking about the relative efficiency of different kinds of taxation.