Robert Frank responds on Black Friday — Marginal Revolution

27 Nov

In my recent book, The Darwin Economy, I defend the claim that taxes on activities that cause undue harm to others could generate more than enough revenue to balance the federal budget and restore our crumbling infrastructure. We should tax congestion, noise, and pollution. We should tax passenger vehicles by weight. We should replace the income tax with a more steeply progressive tax on consumption. But until we’ve done all that, no champion of liberty has any cogent reason to oppose replacing taxes on useful activities with taxes on harmful ones.

via Robert Frank responds on Black Friday — Marginal Revolution.

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