Posted in Economic Issues, Policy Issues, Tax Policy, Uncategorized

What Lesson Will Leftists Learn from another “Successful” Tax Increase? | International Liberty

I tell them that they are right about higher taxes on tobacco leading to less smoking (also more smuggling, but that’s a separate issue).

Yet these people simultaneously claim that higher tax rates on income (especially on the evil rich!) won’t lead to less work, saving, investment, and entrepreneurship.

Back in August, I acknowledged that lifestyle leftists in California won a real victory. They imposed a tax on sugary soft drinks in Berkeley and achieved a reduction in consumption. But I pointed …

Source: What Lesson Will Leftists Learn from another “Successful” Tax Increase? | International Liberty

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A primary care physician by training, my passion is researching and writing about the importance restoring patient centered care, supporting independent private physicians, promoting free-market solutions and seeking sustainable fiscal policy in healthcare.

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