Whenever you hear a politician say they are going to make jobs, there’s an implicit misconception, that inscrutable financial wizardy is involved.
In a recent post on taxes, I suggested that an “equal tax”, or what is commonly called a head tax would be better than the income tax, to the extent taxes are an advisable tool to use for managing a financial asset that directs a spectrum of political programs. I was wrong about many…
Note: I decided to publish this anyway, it presents the connection between taxes, resource bottlenecks, and blocked resources.
I was writing a post on “trickle down” and “clawback”. I avoid spending time thinking about cartoonish ideas that grossly misrepresent the way the world works, so I’ve decided to abandon that post. No need to spend time on wrong ideas when you can simply state correct ideas.
Cost And Priorities Index
In this post I will discuss local taxes. Taxation is an expression of political accounting relationships.
What I am calling a“fixed tax” is simply charging every citizen and resident, who enjoys the benefits of living in the country, the same amount each year, say somewhere in the range of 0 to 5,000 dollars. (This…
