The Economic Damage of “Neutral Taxes”

The Economic Damage of “Neutral Taxes”

There’s general agreement among public finance experts that personal income taxes and corporate income taxes, on a per-dollar-collected basis, do the most economic damage. And I suspect there’s a lot of agreement that this is because these levies often have high...
The Macro Damage of Trade Taxes

The Macro Damage of Trade Taxes

In a video I shared two months ago included a wide range of academic studies showing that government-imposed trade barriers undermine economic prosperity. Not that those results were a surprise. Theory teaches us that government intervention is a recipe for economic...