Taxpayers and Tax Spenders
Does a Zero Tax Price Matter?
By Jody W. Lipford, Bruce Yandle
James Madison and John Calhoun were right to worry that the wrong fiscal regime would spell the demise of limited government. The enactment of the federal income tax eroded a traditional constraint on government spending and set the stage for the redistribution of wealth from taxpayers to tax consumers.
|Other Independent Review articles by Jody W. Lipford|
|Summer 2021||A Fiscal Cliff:New Perspectives on the U.S. Federal Debt Crisis|
|Summer 2020||Is the Welfare State Crowding Out Governments Basic Functions?:An Update|
|Spring 2018||Who Is the Forgotten Man (and Woman) on the Fiscal Commons?|
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|Other Independent Review articles by Bruce Yandle|
|Fall 2022||Gaining Ground:Markets Helping Government|
|Summer 2020||The Next Fifty Years: Optimistic or Pessimistic?|
|Spring 2020||Narrative Economics:How Stories Go Viral and Drive Major Economic Events|
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