Words & Numbers

If there’s a single core principle in economics, it’s that people respond to incentives. Whether governments intend to, imposing taxes on people causes those people to change their behaviors. Consequently, governments end up collecting less tax revenue than they anticipated and often cause people to waste their time and money attempting to avoid those taxes. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits Lottery and Saving https://www.upi.com/Odd_News/2021/07/22/canada-lotto-OLG-Lotto-Max-Anne-Hickey-five-years/2681626992009/ https://www.olg.ca/en/lottery/play-lotto-max-encore/odds-and-payouts.html Philip Morris https://apnews.com/article/philip-morris-marlboro-britain-496ac5b559d6cfe5b85d56b39f383905 Foolishness of the Week https://www.fox5ny.com/news/san-francisco-considering-congestion-tax-on-high-earning-drivers Topic of the Week https://www.thefemalecompany.co