I do wish R. Murphy could add 2 and 2 to get 4

Ritchie is whining about the evils and perils of tax competition today.

What amuses is that all of this is the other side of the tax incidence coin. You know, that tax incidence coin that Ritchie vehemently denies the existence of?

To accept, even if to complain about, the way in which peeps can move stuff around over tax jurisdictions to reduce their tax bill is exactly the same point as noting that the effects, the incidence, of a tax will change dependent upon how much peeps can move stuff around over tax jurisdictions to reduce their tax bill.

You simply cannot accept one without logically accepting the other.

Yet Ritchie does.

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