IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-30450-6_15.html
   My bibliography  Save this book chapter

Taxation and “The Law of the Market”

In: Toxic Economic Theory, Fraudulent Accounting Standards, and the Bankruptcy of Economic Policy

Author

Listed:
  • R. A. Rayman

Abstract

In the market place, buyers are normally charged, not according to their ability to pay, but according to the market value of what they buy. No means test is carried out when shoppers buy groceries, nor is any investigation made into their personal wealth. Yet, in the queues at the supermarket check-outs, there is no outcry against the same prices being charged to rich and poor alike without regard to financial circumstances. You pay for what you get; that is the Law of the Market.

Suggested Citation

  • R. A. Rayman, 2013. "Taxation and “The Law of the Market”," Palgrave Macmillan Books, in: Toxic Economic Theory, Fraudulent Accounting Standards, and the Bankruptcy of Economic Policy, chapter 15, pages 149-159, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30450-6_15
    DOI: 10.1007/978-1-137-30450-6_15
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-30450-6_15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.