Connect with us

Hi, what are you looking for?

Politics

Schumpeter on the Dangers of the “Tax State”

Published

The modern state, unlike the medieval monarchy, does not merely tax to sustain itself or to defend the nation. It taxes to reshape society and to manage an increasingly restive population.

In this article:
Advertisement

    You May Also Like

    Investing

    New Poll: Americans Want Congress to Pair Tax Cuts with Spending Cuts

    Adam N. Michel As Congress debates how to extend the expiring 2017 Trump tax cuts, a new poll from the Cato Institute suggests the...

    April 14, 2025

    Investing

    Making Medicine Cost More Won’t Make America Healthy Again

    Jeffrey A. Singer Last week, President Donald Trump told a National Republican Congressional Committee audience that he intends to impose tariffs on pharmaceutical products...

    April 14, 2025

    Investing

    New Cato Paper: Immigrants Generated $3.3 Trillion in Property Tax Revenue Since 1994

    David J. Bier Today Cato published my new briefing paper coauthored with Mike Howard and Jacob Vigdor on how immigration has affected housing wealth...

    April 15, 2025

    Stocks

    Hotel Stocks Spike: Why You Should Add These Stocks to Your Portfolio

    When you think travel industry, airline and cruise line stocks are usually top of mind. A lesser-known category in the industry is hotel stocks,...

    February 7, 2025