8 ms·
We tax income, even though we agree that income is a good thing. Why not tax cigarettes, soda, pollution, and other bad things. The dead-weight loss from the t
by d2vid 12y ago
We tax income, even though we agree that income is a good thing.
Why not tax cigarettes, soda, pollution, and other bad things. The dead-weight loss from the tax is actually a good thing in these cases.
Agreed that there are always unintended consequences, I don't really know for sure, and democracy is unfortunately usually about feelings.