Taxes on the Broken Window Fallacy


images (25)

A tax is a sum of money demanded by a government for its support or for specific facilities or services levied upon incomes, property, sales, etc. It is also defined as a burdensome charge, obligation, duty, or demand. Every country has this, and everyone must pay taxes.

When a government intervenes to build a bridge, it is supposed to build it with the tax money. A bridge is supposed to make transportation easier and faster. It is a construction that makes many people happy. It is interesting to see that when the bridge is built, nobody thinks about the taxes they paid for the government to build it. People simply applaud to the government, thinking it is finally doing the right thing. That it is using the money for the right cause.

The thing seen is the bridge. The thing not seen is the tax money. However, with the tax…

View original post 243 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s