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Episode 233: Disincentivizing Taxes
Manage episode 298620210 series 1538847
If there’s a single core principle in economics, it’s that people respond to incentives. Whether governments intend to, imposing taxes on people causes those people to change their behaviors. Consequently, governments end up collecting less tax revenue than they anticipated and often cause people to waste their time and money attempting to avoid those taxes.
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Quick Hits
Lottery and Saving
https://www.upi.com/Odd_News/2021/07/22/canada-lotto-OLG-Lotto-Max-Anne-Hickey-five-years/2681626992009/
https://www.olg.ca/en/lottery/play-lotto-max-encore/odds-and-payouts.html
Philip Morris
https://apnews.com/article/philip-morris-marlboro-britain-496ac5b559d6cfe5b85d56b39f383905
Foolishness of the Week
https://www.fox5ny.com/news/san-francisco-considering-congestion-tax-on-high-earning-drivers
Topic of the Week
https://www.thefemalecompany.com/tampon-book-en/
https://www.ncbi.nlm.nih.gov/books/NBK235989/
https://www.npr.org/sections/ablogsupreme/2013/04/16/177486309/how-taxes-and-moving-changed-the-sound-of-jazz
https://www.efile.com/unusual-strange-funny-taxes-throughout-the-world-and-history/
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More James at Smoke & Storieshttps://youtu.be/rMIWa-0Woyo
Let Us Know What You Think
mailto:wordsandnumberspodcast@gmail.com
Antony Davies on Twitter
https://twitter.com/antonydavies
James R. Harrigan on Twitter
468 episodes
Manage episode 298620210 series 1538847
If there’s a single core principle in economics, it’s that people respond to incentives. Whether governments intend to, imposing taxes on people causes those people to change their behaviors. Consequently, governments end up collecting less tax revenue than they anticipated and often cause people to waste their time and money attempting to avoid those taxes.
Get Your Copy of Cooperation and Coercion Now!
http://www.cooperationandcoercion.com
Show Your Support for Words & Numbers at Patreon
https://www.patreon.com/wordsandnumbers
Quick Hits
Lottery and Saving
https://www.upi.com/Odd_News/2021/07/22/canada-lotto-OLG-Lotto-Max-Anne-Hickey-five-years/2681626992009/
https://www.olg.ca/en/lottery/play-lotto-max-encore/odds-and-payouts.html
Philip Morris
https://apnews.com/article/philip-morris-marlboro-britain-496ac5b559d6cfe5b85d56b39f383905
Foolishness of the Week
https://www.fox5ny.com/news/san-francisco-considering-congestion-tax-on-high-earning-drivers
Topic of the Week
https://www.thefemalecompany.com/tampon-book-en/
https://www.ncbi.nlm.nih.gov/books/NBK235989/
https://www.npr.org/sections/ablogsupreme/2013/04/16/177486309/how-taxes-and-moving-changed-the-sound-of-jazz
https://www.efile.com/unusual-strange-funny-taxes-throughout-the-world-and-history/
Join the Conversation
Words & Numbers Backstage
https://www.facebook.com/groups/130029457649243/
More James at Smoke & Storieshttps://youtu.be/rMIWa-0Woyo
Let Us Know What You Think
mailto:wordsandnumberspodcast@gmail.com
Antony Davies on Twitter
https://twitter.com/antonydavies
James R. Harrigan on Twitter
468 episodes
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