The European version, by contrast, has been more focused on making energy more expensive by forcing consumers to use wind and solar. And, on that basis, this chart shows that it has been very effective. But in a bad way. Electricity prices are two to three times more expensive than they...
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This underscores the value of tax competition – which is made possible by federalism, and also shows the Laffer Curve in action: Mr. Christie has started spreading the news that the Garden State aims to compete once again for businesses, jobs and residents. He notes that for years the ...
First, this tax will have substantialLaffer Curveeffects because rich people havesignificant ability to change their behavior(including their residence). It may still raise revenue, but the amount of revenue will be modest compared to the loss for the British economy. Second, we have evidence to ...
For the first 50-plus years of my life,free tradewas in the ascendancy. Policy makers had learned a big lesson from theGreat Depressionabout how protectionism waseconomic poison, and various trade agreements after World War II helped reducetrade taxes and other barriers to cross-border commerce....