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In South Africa there is the added complication that these taxes don't normalise income inequality—they exarcerbate it. One of the biggest problems is that regu
by mikorym 7y ago
In South Africa there is the added complication that these taxes don't normalise income inequality—they exarcerbate it. One of the biggest problems is that regulation raises the barrier to entry and creats a situation where the "efficient" become more efficient.
EDIT: I don't agree with the other opinions that reply to your comment: I think the arguments about autonomy and and self-determination hold just as much in personal finance.