Tax System

When a man tells

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When a man tells you that he got rich through hard work, ask him whose. There’s no evidence that more people with more skills would produce more jobs. There’s a great deal of evidence that they produce more competition for the jobs that exist, and in turn, drive down the cost of labour. Nothing pleases … Read more

We also need to

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We also need to encourage Americans to become more fiscally responsible themselves. We can do this by redesigning our tax system into an expenditure tax with a single flat rate. … We have to substantially reduce the size and scope of the federal government, fundamentally increase the role of the states in choosing their own … Read more

I find it remarkable

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I find it remarkable that virtually all of the large difference in labor supply between France and the United States is due to differences in tax systems. I expected institutional constraints on the operation of labor markets and the nature of the unemployment benefit system to be more important. I was surprised that the welfare … Read more