James Leroy Wilson's blog

Friday, August 12, 2011

Are Tax Breaks Really Subsidies?

Check out my latest at The Downsize DC Foundation. Excerpt:

Should the tax code be simplified to get rid of tax "breaks" for certain kinds of behavior?

Or should those of us who want a smaller State demand MORE tax breaks so that more people can keep more money for themselves?

These questions were asked during the debt ceiling debate on ways to "raise revenue."

The underlying problem is that the State does too much. A government with few and limited functions would have low taxes. Once the State moves from justice/enforcement into the complex areas of social and economic policy, however, the tax code will inevitably grow more complex with it

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