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China’s communists recognize that taxes are disincentives

The Chinese authorities want fewer foreign players coming into the country and a tax on foreign player purchases is their chosen tool. Even in communist China, taxes are recognized as disincentives. Of course, the Chinese are much less communist than they used to be which is why they are much richer than they used to be. ...

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After enacting the disastrous $15 minimum wage in Minneapolis, activists now have Saint Paul’s labor market in their sights

Newly elected Saint Paul mayor Melvin Carter is seeking to copy Minneapolis in its job killing $15 minimum wage. But declaring what the wage will be from the comfort of political office is easy. The hard work will fall on the employers and employees affected. ...

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