Homines libenter quod volunt credunt
Posted in Macroeconomics on Feb 10th, 2010
There once was a family that sat down to do its taxes. The family usually overwitholds a small amount each year – not enough to make it a real economic cost, but enough so that it is unlikely they will have to make tax payments at tax time each year. In 2010, when they were […]
Posted in Money on Feb 10th, 2010
Last week Professor Landsburg discussed why it makes sense to eliminate taxes on capital gains. The reason is that any tax on capital is, in fact, a disguised tax on labor. The “problem” is that it (capital gains taxes) end up taxing labor differently in different time periods. I suspect that is a feature not […]
