Yeah if the tax is high enough ppl stop buying the goods which means the money stops coming inhttps://twitter.com/seldo/status/824822496914350080 …
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He operates businesses that are rent-driven. It's a fundamentally different model than anyone who makes stuff.
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Demand decreases as the price increases - any reason that shouldn't apply in both cases?
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Luxury hotels are Veblen goods: jack up the price and the become more desirable. He might not get that some things don't.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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