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Main Lesson from Tax Reform in Belgium? It’s Impossible to Have a Good Tax System and a Big Government

Monday, October 3, 2016 14:58
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If nothing else, Belgian politicians deserve credit for perseverance. One year ago, the nation was considering a “tax shift” that would reduce taxes on labor and increase taxes on consumption. I pointed out that this didn’t make much sense since it wouldn’t alter the wedge between pre-tax income and post-tax consumption. In other words, the […]

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