A flat tax is roughly the same as a sales tax.
“A flat tax is roughly the same as a sales tax.” Bob Frank
“A flat tax is roughly the same as a sales tax.” Bob Frank
“The upshot is that to send its children to a school of even average quality, a family must outbid half of other similar families who … Read More
“Virtually all families in the middle of the earnings distribution aspire to send their children to a school of at least average quality. (We’d think … Read More
“There’s no indication that middle-income families feel resentful about the bigger mansions and yachts. But the near-rich, whose social circles intersect those of the rich, … Read More
“Every group spends more when its income grows.” Bob Frank
“In almost every instance, air and water quality goals were met more cheaply and quickly when we taxed pollution than when we tried to regulate … Read More
“Once firms had to pay to pollute, they became incredibly inventive at figuring out cheaper ways to eliminate their SO2 emissions.” Bob Frank
“Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones that … Read More
“Commercial roadways in communities that lack zoning laws, for example, are often an aesthetic nightmare not because of insufficient competition, and not because merchants are … Read More
“Prescriptive regulations, such as telling electric utilities what kinds of coal to burn or what kinds of scrubbers to install on their smokestacks, were not … Read More
“As the great naturalist Charles Darwin saw clearly, individual and collective interests often coincide, as in the invisible hand narrative. But he also saw that … Read More
“In the long run, greater investment would mean greater productivity and income growth.” Bob Frank