Fred, ( Susan)
even more than direct/indirect, you need to specify what is neutral.
You have not yet adequately done so.
As I try to do this, I realize that neutral must apply to some other characteristic,
like a car's neutral color, or a car in neutral (gear).
So, a policy change can be
Dear Tom,
By neutral I actually thought you mean one that wouldn't prejudice people's
economic behavior. Opponents of the income tax often accuse it of
discouraging work, saving, and investment and encouraging consumption. I
thus thought that a neutral tax by comparison would be one that
--- [EMAIL PROTECTED] wrote:
By neutral I actually thought you mean one that wouldn't prejudice
people's economic behavior.
By that definition I can't imagine any neutral tax.
Why can you not imagine that a tax on economic rent is neutral?
Fred Foldvary
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[EMAIL PROTECTED]
Tom Grey wrote:
Thus, increasing a land tax and decreasing other local taxes can be
revenue neutral, (and I would support such a change) but insofar as
it will encourage some behavior and discourage other (eg idle land
will cost more), it is NOT incentive neutral.
Reducing dividend taxation