By Lawrence J. McQuillan | Thursday September 22, 2016 at 5:15 PM PST | Comments Off on Why Michael Bloomberg’s Pro-Soda-Tax Ad Is Misleading
Former New York City Mayor Michael Bloomberg is helping to bankroll a television-commercial campaign in favor of proposed soda taxes in Oakland and San Francisco, known as Measure HH and Proposition V, respectively, which will appear on each city’s November ballot. You can’t miss the commercial if you live in the Bay Area, as...
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Tags: Economics, incidence of tax, Measure HH, Michael Bloomberg, Oakland, Proposition V, San Francisco, Soda tax, sugar-sweetened drinks, tax burden, Taxation, taxation as theft
By William Shughart | Sunday January 23, 2011 at 7:42 AM PST | 2 Comments
As Congress and the President consider yet another set of “reforms” for the federal income tax code, taxpayers should encourage them to heed the words of one of the first and greatest economists. In Book V, Chapter II, Part II of The Wealth of Nations (Modern Library, Cannan ed., p. 778), Adam Smith wrote...
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Tags: Adam Smith, Budget and Tax Policy, Corruption, Economics, Power, regime uncertainty, tax burden, tax reform, Taxation, The Wealth of Nations