Posts tagged Taxation
A Government Gone to Pot: Why Centralizing an Industry Leads to Failure

Those in charge woefully underestimated the size of their market, and also did not do their job of ensuring they had suppliers that would be able to meet the demand of their market lined up. This resulted in a catastrophic failure of a launch for the industry, which it is still reeling from and trying to recover from to this day.

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Taxes and Trickle-Down: Challenging Economic Misconceptions

It must logically follow that cutting tax revenue will always hurt the deficit if we accept that the government is spending all of the tax money that it is bringing in, and that it must borrow to continue the programs that it is running. However, we must also recognize that running a deficit should be avoided when at all possible.

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