A case in point, the comments at my post labeling Trump a bully for the Carrier deal.
One commenter writes:
Why are you against tax breaks, Wenzel? Isn't taxation theft?But a tax credit can simply be further manipulation of the economy. It is not necessarily a "tax break" where a corproation is free to do as it pleases with money that otherwise would have been taxed.
Consider an economy where everyone is taxed at a rate of 30% but a "deal" is cut where everyone that devotes a certain amount of its resources to creating busts of Donald Trump gets a tax credit of 5%. I would suggest that this may not be an overall improvemnet for the economy.
A tax cut is different: Your taxes were 30%, now they are 25%, go and do whatever the hell you want with that 5%.
The free market supporter should always be advancing less intrusion of government in the economy, not twisted manipulations that cheer on the manipulator.
A second commneter writes:
I really want to know how Carrier or any other manufacturer moving can accurately be described as "free market forces" when the whole economic structure cannot be described as free market? Or are we merely free market because we have a stock market and a choice between 4 brands at the store? I'd say we have maybe a 50 to 60% free market structure.There is some truth to this in that we don't know what an economy would look like under free market conditions, though it is likely that even more low paying jobs would leave the country.
That said, there may be an implication by the commenter that because we are not in a free market economy, we can not advocate for free markets. But justifying manipulations will never get us to free markets. Free market policy should be advanced at all times and manipulations should be objected to. Failure to understand this is a failure to appreciate that sound free market advocacy is based on the principle that only free exchange can result in the certainty that all parties involved benefit. Manipulations always distort away from free exchange and thus it can never be said that such manipulations do not hurt some individuals in a very direct sense. Building busts of Donald Trump and cutting government "deals" to keep Carrier employees in the U.S. are distorting resources from what would otherwise emerge and thus be at the expense of those who will experience less resources available to them.