If your behavior can’t affect your tax bill, then your tax bill won’t affect your behavior.#
Efficiency is a mixed blessing. When governments can tax efficiently, they are likely to tax excessively. If the power to tax is the power to destroy, then the power to tax efficiently is the power to destroy with dispatch.#
An economist with a theory has at least a chance that his theory is the right one. An economist who relies on nothing but statistical extrapolations has no chance at all.#