This segment of What’s Ahead expresses utter astonishment that Britain’s nominally conservative government is ready to impose an array of growth-suffocating taxes on an economy that’s reeling more than just about any other from the coronavirus-induced crisis. If the Democrats win here, the U.S. will do the same.
Taxes are a price we pay, but if the price of productive work, success and risk-taking is made higher, we get less of those good things. Yet politicians don’t seem to grasp this basic truth.
This article was originally published by Forbes.com. Read the original article here.