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HIGHBROW TAX POLICY DISCUSSIONS

July 27, 2004

Tax policy doesn't always have to be discussed at the elevated level you've grown accustomed to here. The Tax Prof Blog notes the new policy brief, "The Three Little Pigs Buy the White House."

   Tax Cuts are a major theme in the new 
   children's book, The Three Little Pigs Buy 
   the White House (St. Martin's Griffin, 2004). 
   In a jibe aimed at the current Administration, 
   Rummy, Dickey, and Dubya build their own 
   houses of bricks stolen from the country 
   while they build the rest of the country with 
   mud and straw, which are soon threatened 
   by the big, bad tax cuts.

No word on whether the obvious risks of child abuse charges inherent in reading about taxes at bedtime will deter conservatives from countering in kind. Possible responses:

Goldilocks and the Three Marginal Rates, by Arthur Laffer. A young girl in the woods maximizes economic activity when she settles on marginal tax rates that are "just right."

The Ant and The Grasshopper, by Buchanan and Tullock. Avaricious locust resorts to rent-seeking behavior when winter arrives.

The Goose and the Golden Egg, by Freidrich Hayek. After raising taxes on the goose to excessive levels, the state seizes the goose's means of production, ending the era of golden eggs.

Yeah, these will push "South Beach Diet" books right off the charts...

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