Timmy elsewhereSeptember 1, 2013 Tim WorstallTimmy Elsewhere1 CommentAt the ASI. It might be necessary to tax the rich but let’s not glory in doing so. previousTechnical NoticenextI don’t understand this Vodafone tax thing 1 thought on “Timmy elsewhere” JamesV September 2, 2013 at 11:04 am Now here’s a question for you. If rent-seeking, were taxed at 100%, would there be any reduction in economic activity? After all, if rent is that which is paid above and beyond what needs to be paid in order to keep a factor of production producing, one would imagine that it doesn’t matter who collects the rent – no change in economic output occurs. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.