RWCG


Two can pigou that game
November 16, 2012, 9:53 am
Filed under: Uncategorized

Liam Malloy & John Case propose higher income tax as a ‘Pigouvian tax’ on ‘inequality’.

Assuming that a highly skewed income distribution results in negative political externalities…

Assuming a spherical cow…

This is a nice illustration of the obvious fact that in practice ‘Pigouvian tax’ just means ‘a tax on something or someone I don’t like’. ‘Externality’ means ‘I don’t like it’.

Well, I don’t like lefty fucktards, and their dumbass, disingenuous, rights-violating ideas clearly impose an ‘externality’ on me. It’s clearly time for a ‘Pigouvian tax’ on being a lefty fucktard.

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3 Comments so far
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+1

Comment by aretae

It seems reasonable to me to assume that a highly skewed income distribution results in negative political externalities. Namely, it increases the chance that “lefty fucktards” will riot violently. So think of a higher income tax as an anti-riot tax (or, if you prefer, “bribe”). Now assume that this tax bribe will reduce the negative externality of violent riots. Hmm. Ok, nevermind.

Comment by joshua

heh

Comment by Sonic Charmer




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