Washington Monument Syndrome | Government manipulation tactics

Government 1B: Lesson 45 The "benefit principle" has been used to justify progressive income taxation. What is the benefit principle? Are there any problems with it? The benefit principle attempts to create taxation similar to market pricing, where individuals should be taxed in accordance with the benefits they receive from the government. While sounding nice … Continue reading Washington Monument Syndrome | Government manipulation tactics

My Flower Garden is not a Public Good

Government 1B: Lesson 20 Here's why an elderly lady can stand out on her lawn and shout at people "You are not allowed to look at my flowers!" and not be labelled as the town's crazy old lady. Public goods have been used as a government tactic for decades, and we certainly have many examples … Continue reading My Flower Garden is not a Public Good

A Reason Not to Vote for the Tax Amendment of 1912

English: Lesson 115 Would I have voted for the income tax amendment in 1912, based on the arguments in Philip Dru: Administrator, A Story of Tomorrow? Edward M. House wrote Philip Dru: Administrator, A Story of Tomorrow in 1912. The book was meant to be fiction, but from what we know of House now, the main character … Continue reading A Reason Not to Vote for the Tax Amendment of 1912

An Example of the Broken Window Fallacy

Economics: Lesson 125 An example of the broken window fallacy as applied to a government intervention. The broken window fallacy is all about seeing the thing unseen. Government is often at fault for taking taxes and using them for things that are not necessary but are easily seen by the public. If taxpayers were able … Continue reading An Example of the Broken Window Fallacy

Why tax-supported school is not the same as tax-supported church

Economics: Lesson 45 Is a tax-supported school different in principle from a tax-supported church? In theory, it seems that tax-supported schools and churches were supposed to be relatively similar, however in practice, they are not, and in fact, have become total opposites of each other. The first difference or issue that makes a tax-funded school … Continue reading Why tax-supported school is not the same as tax-supported church