taxes

  Taxes and tariffs are—unsurprisingly—a major topic for economists. On one hand, they generate huge inefficiencies, deadweight losses, and perverse incentives; on the other hand, they reveal the fascinating creativity with which entrepreneurs find ways to avoid these costs. Sometimes in a quite amusing way. Let’s look at a few examples from not-too-distant history. Wall […]

It is about the plans of the UK government to launch a decade-long programme of ‘investment’ in industry, infrastructure and Net Zero, greatly expanding the state’s role in the economy. The programme is to be funded entirely with new debt of £1.64 trillion: the same amount as the spending programme. This is 58% of the […]

    Well, my plan, actually Larry Kudlow, who’s a fantastic guy, I think likes my plan the most. I’m cutting taxes by about the most.   Donald J. Trump Given the deep flaws of President Donald Trump’s 2017 tax reduction act — it was not only warily tilted towards the top earners, it was […]

    The principle of equity embodied in The Flat Tax is that every taxpayer pays taxes in direct proportion to his income. As incomes double, triple, or grow tenfold, tax obligations double, triple, or rise tenfold. Those who earn more pay more. Alvin Rabushka and Robert E. Hall     Take Away The Flat […]

This material was published as part of our “Publish with Us” series.    Throughout history, poverty, economic inequality, and oppression by ruling classes have been recurring forces that drive social change and revolutionary movements. Peasant revolts have frequently emerged to challenge economic disparities and advocate for the rights of lower classes, often aligning with populist […]