Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.”     Milton Friedman

June 16, 2007

Taxation Explained

by Doug Mataconis

The Cato Institute’s David Boaz enunciates The Mikulski Principle:

There are whole books on the correct theory of taxation. I’ve always assumed that Democratic members of Congress operate on the theory most clearly enunciated in 1990 by Sen. Barbara Mikulski (D, Md.):

Let’s go and get it from those who’ve got it.

There are many theories of taxation, such as Haig-Simons, the Tiebout model, and the Ramsay Principle. But I’d bet that the Mikulski Principle explains actual taxation best.

Yep.


Permalink || Comments Off || Categories: Taxation
TrackBack URI: http://www.thelibertypapers.org/2007/06/16/taxation-explained/trackback/
Read more posts from
• • •

No Comments

No comments yet.

Comments RSS

Subscribe without commenting

Sorry, the comment form is closed at this time.

Powered by: WordPress • Template by: Eric • Banner #1, #3, #4 by Stephen Macklin • Banner #2 by Mark RaynerXML