Tumblr Icon RSS Icon

The Price of Taxophobia: Inefficient Taxes

By Matthew Yglesias on June 10, 2011 at 1:44 pm

"The Price of Taxophobia: Inefficient Taxes"

Share:

google plus icon

Ever since Ronald Reagan’s election in 1980, American politics has been dominated by the presence of a large and powerful ideological movement that’s primarily dedicated to the cause of tax cuts. One result, as shown by my econ team colleagues’ suite of charts is that we increasingly make public policy by creating tax loopholes:

It’s not a good trend. Simpler taxes and efforts to do a more straightforward consideration of what is and isn’t worth spending money on are a much better idea.

Tags:

‹ PREVIOUS
Heritage’s Plan For Marriage: Regressive Tax Cuts

NEXT ›
Adventures In Counterveiling Forces

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.