Taxes vs Subsidies

cropped-bob-shapiro.jpg   By Bob Shapiro

There’s a truism in economics that, if you want more of something you subsidize it, and if you want less of it then you tax it. A quick look at government policy here in the US shows that this is as true today as it ever was.

But, since Americans have been taught to have knee jerk reactions, let’s try just to look as dispassionately as possible, not considering whether any of the policies are “needed desperately,” “are for a good cause,” or some other worthwhile purpose. Let’s just look at what is.

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How Government-Funded Stadiums and Museums Harm Taxpayers

Re-Blogged From – By A. Barton Hinkle

The meal you get at the take-out window usually doesn’t look much like the picture on the billboard. But advertisers know hungry motorists base their decisions on pretty pictures, not reality. Hence the adage “sell the sizzle, not the steak.” Falling for the sales pitch, though, is how you get burned.

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