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Taxes don't solve the problem, they increase it. If costs are too high, adding taxes only increases the cost more. One can argue that taxation in all its form
by rothbardrand 9y ago
Taxes don't solve the problem, they increase it. If costs are too high, adding taxes only increases the cost more.
One can argue that taxation in all its forms, including inflation, is the singular cause of all poverty in the USA-- it is the largest most massive wealth transfer fro the masses to the rich ever. And I don't mean "rich don't pay enough taxes" I mean taxes are stealing from the poor and giving to the rich.
- dredmorbius 9y agoNot in the case of rents. That's a key reason they're so markedly different from other goods. Incidentally, your username and curiosity prompted me to check to see if Hazlitt's infamous little book makes any mention at all of either rents or monopoly. It doesn't. I find that quite interesting. https://www.mises.org/library/economics-one-lesson https://www.mises.org/library/economics-one-lesson