guidolor.bsky.social
guidolor.bsky.social
@guidolor.bsky.social
Like they say: consumer lose about 1% of income in welfare to pay the tax. But if that roughly matches government revenue the welfare losses (the triangles) are smaller than that
February 2, 2025 at 3:42 PM
I thought it was just that the Tax Policy Center looks only at the loss of consumer surplus, while a trade economist takes the government revenue as a +
February 2, 2025 at 3:37 PM