On the recordFebruary 15, 2011
As a general principle, though, and following up on Mr. Woodall's comments as well, as a general principle, if you subsidize something, you get more of it; if you tax something, you get less of it.
Source
congress.govAs a general principle, though, and following up on Mr. Woodall's comments as well, as a general principle, if you subsidize something, you get more of it; if you tax something, you get less of it.
Lankford discusses the economic principle of subsidies and taxes affecting supply.
Share & report
More from James Lankford
Putin is a murderous KGB thug that murders his political enemies and is a dictator.
The administration needs to give insight into Congress. That’s part of it. If this was happening with this level of insight under the Biden administration, I’d be apoplectic.
This is an American city, and to be able to have an American city where we have people literally flying Mexican flags and saying, ‘You cannot arrest us,’ cannot be allowed.