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66 sats \ 3 replies \ @Scoresby 17h \ on: Sin Taxes: For European Welfare and Nannyism (The Economist, Charlemagne) econ
Aren't all taxes sin taxes? Lots of quippy people point out that if sin taxes are used discourage sins, other taxes probably discourage whatever it is on which they are levied. Perhaps we can use this to understand who the states sees as an ideal citizen. As the Lord Jesus said, who among you is without tax?
No, income taxes are for parasitic revenue. Really don't think anyone goes, "mmm, yes let's tax income so people earn less/work less"
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Income taxes are also the exception to the rule theoretically.
Because people have a time constraint, there's an inherent tradeoff between labor time and leisure time.
Taxes reduce people's budgets, which usually reduces consumption of goods. So, if leisure is a normal good, then income taxes will actually increase hours worked.
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Amen. He also promoted drinking wine. When has that ever become a 'sin' in Europe?
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