We have seen the future, and it sucks.

A Tax Is a Tax Is a Tax

28th June 2012

Larry Kudlow points out some inconvenient truth.

Of course the stock market dropped about 130 points. Twenty new or higher taxes across-the-board are bad for economic growth, bad for job hiring, bad for investors, and bad for families.

A tax is a tax is a tax, according to Judge Roberts. But he forgot to say that if you tax something more, you get less of it.

One Response to “A Tax Is a Tax Is a Tax”

  1. Dennis Nagle Says:

    So we should tax billionaires more, and we’ll have fewer of them. (We won’t have fewer rich people, but those we have will have less.)
    Maybe then they won’t exert so much undue influence on the political process.