nanny state

[gluckq]

The politicians don't just want your money. They want your soul. They want you to be worn down by taxes until you are dependent and helpless.

Comments

[vit_r]

Интервью с недавно повесившимся

There is a basic tenet of public taxation called the dollar-for-dollar principle of Pigouvian taxation. It says that if the consumption of a particular good generates a dollar of negative externality, you should impose a dollar of tax to correct for this externality. For example, if consuming one ton of carbon generates a certain number of dollars of externalities, you should tax it by that many dollars.

But that relies on the assumption that firms and households correctly perceive this tax. If they don’t — maybe they aren’t paying attention — then you have to relax this principle. For example, if I pay 50 percent attention to the tax, the tax needs to be twice as big. That’s a basic tenet of public finance that is modified when you take into account that agents are not rational.

[gluckq]

напоминает анекдот из моего счастливого детства:
-- михаил сергеевич, нас постигло полное и окончательное фиаско!
-- эх, жаль! у меня ещё много интересных идей было.