4 ms·
The incentives are wrong. Each taxpayer would like to reduce his own burden specifically, but everyone shares the cost of riots and revolution (which is mostly
by randallsquared 13y ago
The incentives are wrong. Each taxpayer would like to reduce his own burden specifically, but everyone shares the cost of riots and revolution (which is mostly harder on the poor, anyway). Not having riots and revolution is a common good.
- tomp 13y agoBut the richest have the most to loose. If you're starving and freezing most nights (the poor), you don't really loose a lot by revolting (i.e. destroying the wealth of the rich).