3 ms·
(Nearly) all spending by the gov't comes right back to (someone's) pockets so in the aggregate it's only a loss of the frictional losses to run the bureaucracy
by skorgu 18y ago
(Nearly) all spending by the gov't comes right back to (someone's) pockets so in the aggregate it's only a loss of the frictional losses to run the bureaucracy not the entire revenue base.
Granted there are valid concerns about how the money is spent but you can't just take the dollar amount of revenue from the tax and say that's too high a price. It's much more complicated, sadly.
Also, what cost? What numbers?