Taxes hurt people, not just “business” – @ASI

The Adam Smith Institute’s Eamonn Butler posts a useful reminder:

But taxes, tariffs, quotas, regulations, licences, trade restrictions and all the rest do not cost business. They cost people. People like you and me, even those of us with no business interests. And they cost us far more than the £x price-sticker suggests.

It’s too easy to assume that “business” or “the rich” or just simply “they” can afford it, or even deserve it, whatever the “it” of the moment happens to be.

As Butler says,

Most businesses are small businesses, as small as one person, and most of a country’s commerce goes through these small operations. Something that costs “business” in fact costs millions of these same people, from the local farmer to the budding software developer.

Read the full post, here.

 

Photo by rawpixel.com on Unsplash

Author: Andrew Munro

A writer, communicator and sovereign professional.

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