“What works for Sweden wouldn't work for France or Germany or Italy. In a small state, you can reach outside for many of your activities. In a homogeneous culture, they are willing to pay higher taxes in order to achieve commonly held goals. But "common goals" are much harder to come by in larger, more heterogeneous populations.” StatesOrderCultureGoalCommonPayAchieveWillingHigherActivityTaxesHarderPopulationFranceGermanyReach OutSwedenCommon GoalHomogeneous Author:Milton Friedman
“While we've made progress with our numbers, this will be a harder-to-reach group, and we have less money to do it.... Many people don't know or understand about the tax credit that they can receive. And so affordability is a barrier. We know that a disproportionate number of those who are still uninsured are young.” PeopleKnowsMadeStillsYoungNumbersProgressGroupsTaxesHarderCreditBarriersAffordability Author:Sylvia Mathews Burwell
“If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.” IfsMeanEconomicHigherActivityLimitsTaxesPercentGainsHarderDollarsInvestmentRateInvestingIncomeSavingExtrasProductiveWealthyContrastConsumptionTaxpayersSavingsDiscouragingIncome TaxSavings And Investment Author:Robert H. Frank