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1. It also, many times, does not mean more fraud, waste, and abuse. And if the government is providing a set of services, and their revenue is reduced, they wil
by jljljl 12y ago
1. It also, many times, does not mean more fraud, waste, and abuse. And if the government is providing a set of services, and their revenue is reduced, they will struggle to continue providing those services.
2. It is naive to assume that every additional tax has equal impact on the economy, or an equal distortionary effect on a consumer's supply and demand.
A New York Hotel Tax of 15% may have less impact on the city's economy than raising the sales or income tax to cover the lost revenue.