Michael Hudson, chief economist of the Reform Task Force Latvia think-tank, has an intriguing op-ed in the Financial Times suggesting cutting taxes on wages while raising them on property: "Lowering taxes on wages would reduce the cost of employment without squeezing take-home pay and living standards. Raising taxes on property, meanwhile, would leave less value to be capitalised into bank loans, thus guarding against future indebtedness."
A Latvian Tax Reformer
https://www.futureofcapitalism.com/2010/07/a-latvian-tax-reformer
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