Spotty, can you say “Tar Baby”?Posted by Craig Westover | 9:57 PM |
Spotty has a question for me, today.
Sticks, can you say equal marginal sacrifice principle of taxation?This is why one doesn’t punch Tar Babies.
How many questions did I pose to Spotty in the context of the school choice discussion? A dozen or so? How many did he address, let alone answer? Zero. His final post on the subject was a lecture on when to use boldface in a post. Now, out of the blue, so to speak, he comes up with yet another question irrelevant to anything.
I have no intention of discussing anything as foolish as the marginal sacrifice principle applied to taxes, at least with Spotty for whom discussion is little more than the hope of finding something so arcane to discuss that he appears intelligent.
For the record, the equal marginal sacrifice principle applied to taxes would say something like taxes should be levied such that the last tax dollar everyone pays has the same economic impact on each and every individual. So for example, if the poorest person in the land pays $50 in taxes and as a result cannot purchase a winter coat, then I must be assessed taxes to the point where I can not purchase a winter coat and Bill Gates must also be taxed to the point where he cannot afford a winter coat. We all make an equal sacrifice to pay our taxes.
If you're thinking "from each, to each" you're on the right track. It’s impractical in reality and ridiculous in principle.
Sorry, Spotty. You’re going to have to go back to chasing your tail; I'm not throwing the ball for you any more.