Taxing Consumers off a Cliff
March 06, 2026 by thefirebreak.org
Taxing Consumers off a Cliff
What is a regulation for? Why do governments regulate? When a regulation is good, it often goes unnoticed (cleaner environment, economic expansion, better quality of life…). When it is a bad regulation, the consequences could be catastrophic (rise in organized crime, loss of respect in regulatory authorities, economic decline…). While the European Union embarks on a series of regulatory simplifications (deregulation), the important metric for each case is to ask what the regulation is for.
