Three Cheers for Tax Scofflaws (They Keep Us Afloat and Limit Government’s Reach)

What Cohn fails to mention is that tax-happy governments tend to drive tax-averse people to hide in the shadows, concealing vast shares of the economy from officials, and severely limiting the reach of the state. If prople like Cohn really want to emulate other country’s tax rates, he’ll have to take their off-the-books economies, too—and the limits they impose on what the state can actually take.

See the story here.

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