2012-11-07

Cato: Just as ‘Fair Trade’ Means Protectionism for the Benefit of Special Interests, ‘Fair Tax Competition’ Means Tax Harmonization for the Benefit of Politicians


Very few people are willing to admit that they favor protectionism. After all, who wants toembrace a policy associated with the Great Depression?
But people sometimes say “I want free trade so long as it’s fair trade.” In most cases, they’re simply protectionists who are too clever to admit their true agenda.

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