the.com/tax policy
the government deciding whose pain pays for everyone else's roads.
means the set of rules governments use to decide who gets taxed, how much, and what behavior gets rewarded or punished through the tax code.
from taxation dates to ancient grain levies in mesopotamia, but tax policy as deliberate social engineering took off in the 20th century once income tax and economists both existed to argue about it.
steepest bracketus hit 94 percent top rate in 1944.
invisible spendingtax breaks cost more than most federal agencies combined.
behavior nudgesin taxes exist to make vice expensive, not free.
loophole industrytax code complexity funds an entire accounting profession.