2022-12-03

And then you’re all in a less-civilized place

Quotation of the Day for May 30, 2011

“Receiving a tax cut is like standing up at a concert in order to get a better view. It’s easy enough to see why an individual might be tempted. But if everyone does it, the gains become much less clear-cut.”

– Stephen Gordon, on the illusory benefits of tax cuts.

[http://www.theglobeandmail.com/report-on-business/economy/economy-lab/stephen-gordon/the-truth-behind-tax-cuts-you-might-not-be-better-off/article1960947/]