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Good question - it feels much neater to tax flows than tax money at rest, letting companies save money in the good times rather than run to spend it to avoid se
by philipallstar 8mo ago
Good question - it feels much neater to tax flows than tax money at rest, letting companies save money in the good times rather than run to spend it to avoid sending it all away as tax. On the topic you mention I think export duty would work.
- travem 8mo agoA different perspective is that tax policy is intended to also shape behavior. Raising taxes on behavior we want to disincentivize, and lowering it on behavior we want to incentivize. While I get the conceptual neatness argument, adhering to that undermines the ability to use tax policy as a tool of government.
- victorbjorklund 8mo agoYea, seems to work pretty well for Estonia.