Romer: The risks of overtaxation

Romer: The risks of overtaxation

There’s a time and place for everything — flip-flops in July, skis in January, and yes, even regulation and taxation when done with a light touch and the right intentions. But lately, I’ve been noticing a trend that gives me pause. It’s as if we’re trying to legislate and tax our way into prosperity, forgetting that our economic engine — the vibrant businesses, the loyal visitors who fuel our valley, and the second homeowners — runs best when no…