2 comments on “Timmy Elsewhere

  1. And then, as Bastiat pointed out, there is the unseen, those companies that don’t invest because of high tax rates.

    I suppose Ritchie’s response to this will be world government with the same tax rates everywhere.

  2. In Russia farmers could move every year as long as they did it before Saint George’s Day. For the next year they had to pay taxes where they were and could not leave until next Saint George’s Day. Then along came Boris Gudonov and insisted that Russia’s farmers had to remain where they were permanently. They were no longer free to choose. Three hundred and fifty years of serfdom followed.

    I wonder if Richie even cares – assuming he is aware of the analogy. I wonder whether such a restriction can be imposed in the modern world. I expect we will have to wait and see.

Leave a Reply

Name and email are required. Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.