Geoffrey Miller Quote
Thus, consumption taxes tend to reduce conspicuous consumption and promote longer-term retirement security, family wealth, social welfare, technical progress, and economic growth. In essence, income taxes penalize people for what they contribute to society (labor and capital), whereas consumption taxes penalize people for what they take out of society (new retail purchases). So, to tax experts, it is no surprise that U.S. and U.K. citizens spend too much and don’t save enough, relative to what would be optimal for society and even for themselves.
Geoffrey Miller
Thus, consumption taxes tend to reduce conspicuous consumption and promote longer-term retirement security, family wealth, social welfare, technical progress, and economic growth. In essence, income taxes penalize people for what they contribute to society (labor and capital), whereas consumption taxes penalize people for what they take out of society (new retail purchases). So, to tax experts, it is no surprise that U.S. and U.K. citizens spend too much and don’t save enough, relative to what would be optimal for society and even for themselves.
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About Geoffrey Miller
Geoffrey Miller may refer to:
Geoff Miller (born 1952), English cricketer
Geoff Miller (diplomat) (born 193?), former Australian public servant and diplomat
Geoff Miller (priest) (born 1956), archdeacon of Northumberland
Geoff Miller (public servant) (1942–2014), former Australian public servant
Geoff Miller (publisher) (1936–2011), American co-founder, editor, and publisher of Los Angeles Magazine
Geoffrey Miller (cricketer, born 1937), former English cricketer
Geoffrey Miller (psychologist) (born 1965), evolutionary psychologist
Geoffrey P. Miller, American professor of law, see List of law clerks of the Supreme Court of the United States
Geoffrey D. Miller (born 1949), US Army general
Geoff Miller (born 1952), English cricketer
Geoff Miller (diplomat) (born 193?), former Australian public servant and diplomat
Geoff Miller (priest) (born 1956), archdeacon of Northumberland
Geoff Miller (public servant) (1942–2014), former Australian public servant
Geoff Miller (publisher) (1936–2011), American co-founder, editor, and publisher of Los Angeles Magazine
Geoffrey Miller (cricketer, born 1937), former English cricketer
Geoffrey Miller (psychologist) (born 1965), evolutionary psychologist
Geoffrey P. Miller, American professor of law, see List of law clerks of the Supreme Court of the United States
Geoffrey D. Miller (born 1949), US Army general