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The economy views taxation as an outage and routes around it. IOW, prices adjust. The thing that should be taxed is rents, Ricardian rents as written about at
by ArkyBeagle 10y ago
The economy views taxation as an outage and routes around it. IOW, prices adjust.
The thing that should be taxed is rents, Ricardian rents as written about at length by Adam Smith.