Around the US this November, voters will decide a number of tax questions. In California, it’s “wealth tax” on billionaires. In Florida, it’s an increase in the “homestead exemption,” the amount of home value excluded from property taxes. In your neck of the woods, it might be a sales tax for road maintenance of emergency services.
One thing I keep noticing about these kinds of questions is abuse of the words “cost” and “lose” by proponents of tax increases and opponents of tax cuts.
Passing a tax cut, or failure to pass a tax increase, they tell us, will “cost” government — at whatever level, from local to federal — money. Government will “lose” that money.
Normally when we speak of “losing” something or “costing” something, it’s in terms of already having that thing. You lose $50 on a bet, or a steak dinner costs you $50.
Using the definition preferred by supporters of ever-increasing government revenue, though, I “lost” thousands of dollars yesterday when I walked past a bank instead of walking in, waving a gun at the tellers, and taking all the cash from their drawers. It “cost” me thousands of dollars. And committing to not robbing every bank I happen to walk past in the future “costs” me too. I’m “losing” all that money! Oh, the humanity!
Under the Florida tax cut proposal, I’m told, my county would “lose” millions of dollars that it doesn’t actually have, just by not taking quite as much of it in the future.
I’ve even seen people shill for the brand new California tax on the basis that if it fails state government healthcare organizations will be “losing” the money they’ve got big plans for. It’s not just money they don’t have, it’s money from a particular source they’ve never received money from before.
As a libertarian, I agree with the slogan “taxation is theft.” It’s usually by extortion: “Nice house/business ya got here. Be a shame if someone stole it and auctioned it off because ya didn’t send us a check.”
But even if one supports taxation for the purpose of funding government operations, it’s beyond dishonest to claim that cutting, or just not raising, taxes is a “cost” or a “loss” to government.
Taxes are always a “cost” and a “loss” — for tax payers, not for tax collectors and tax spenders.
Why, I wonder, do tax proponents lie about that so loudly?
Thomas L. Knapp (X: @thomaslknapp | Bluesky: @knappster.bsky.social | Mastodon: @knappster) is director and senior news analyst at the William Lloyd Garrison Center for Libertarian Advocacy Journalism (thegarrisoncenter.org). He lives and works in north central Florida.
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