Discriminatory Product Taxation Must Come to an End!
Posted: Fri Feb 12, 2016 2:41 pm
All taxation is improper except for a single tax on property, property being defined as anything with intrinsic market value. But of all the improper taxes, the most onerous is the discriminatory taxation on products such as cigarettes and liquor, which implies that the government has the right to tell you how to spend your money. This results in a misallocation of resources as defined by Evensonomics and the AEP.