Blogs
Library of Economics | Taxes: Who Pays? My Latest from LearnLiberty
Economics offers a lot of cool and counterintuitive insights. One of the most fun, I think, is the independence of the legal incidence and the economic incidence of a tax. In other words, if demanders are not very responsive to changes in the price of a good, sellers can pass some or even most of a tax on to demanders even when sellers are responsible for writing the check to the government.
Economist | The most fatuous regulation
There ought to be an award for the most fatuous tax rule—a fatuette, perhaps—and if so, I would like to make a nomination. Mrs Buttonwood hails from America and, although not really receiving much in the way of services from the US government, has to fill in a tax form every year.
