Tuesday, February 19, 2008

French Aren't Human--Withholding Taxes

Someone, I think Milton Friedman, wrote that his worst mistake was helping the IRS to switch to income tax withholding during WWII. The theory was that humans mind big bites--pay your taxes yearly and you'll resist the growth of government. Take it out of each pay check and the left can cheerily persuade humans to agree to higher and higher taxes.

However, according to this post, apparently the theory doesn't work with the French, who are notoriously highly-taxed (as well as highly-sexed), so either they aren't human or the economics has a flaw.

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