Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Taxing Economic Rents: Taxing economic rents and why our economic survival depends on introducing the economic rent tax

Taxing Economic Rents: Taxing economic rents and why our economic survival depends on introducing the economic rent tax

Walshaw, Tim

Paperback

Economics

ISBN10: 0987611305
ISBN13: 9780987611307
Publisher: Lightning Source Inc
Published: Jun 20 2016
Pages: 100
Weight: 0.32
Height: 0.21 Width: 5.98 Depth: 9.02
Language: English
TAXES ON ECONOMIC RENTS are considered by economist to be an ideal tax. That means that there are no distortions when the tax is applied. The currently applied taxes have distortions that shift the burden of the tax onto the economically weak, reduce investment, reduce growth, increase unemployment, and apply an invisible tax on tax that reduces the possible amount of tax revenue can be raised. Economic rent taxes are free of these harmful effects. From the age of the Pharaohs bad tax design has repeatedly led to economic collapse, civil wars and total disaster. Economic rent taxes could prevent this happening again.

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