Regardless of whether you believe the recent thread about a looming fed crackdown on adult (as opposed to CP) porn, the issue does come to mind that government can regulate an activity either through prosecutions or taxing.
Which is worse?
This is how government works--if you like an activity, you subsidize it. If you want to (implicitly) slow down or discourage an activity--you tax it.
I know, I know, some people would say that doesn't make any sense since the government taxes most economic activity. But therein lies the truth of the statement above... We'd have a bigger economy if the government just stayed the FUCK AWAY from taxing it.
Which is worse?
This is how government works--if you like an activity, you subsidize it. If you want to (implicitly) slow down or discourage an activity--you tax it.
I know, I know, some people would say that doesn't make any sense since the government taxes most economic activity. But therein lies the truth of the statement above... We'd have a bigger economy if the government just stayed the FUCK AWAY from taxing it.
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