Mises Daily
Author:
Frank Chodorov
Online Publish Date:
for engaging in a business, large accumulations of capital have a distinct competitive advantage, and these capitalists could hardly be expected to advocate a and unorganized consumer is forced to pay the higher price resulting from limited competition. Direct taxes differ from indirect taxes not only in the manner of a series of wars and depressions, direct taxation became a fixture of our fiscal policy, and those upon whom it falls must content themselves to whittling down the