Thursday, April 27, 2017

Tax Cut Bias

And so we turn on the TV one more time
And see that everything is fine
--Flesh For Lulu

One way bias is revealed is by how a situation is framed. Take a tax cut proposal, for instance.

If you are government or a recipient/supporter of forcible redistribution of economic resources, then you are prone to view a tax cut as a cost. Fewer taxes collected reduces state power.

If you are a taxpayer or a non-recipient/opponent of forcible redistribution of economic resources, then you are prone to view a tax cut as a benefit. Fewer taxes collected increases social power.

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