>>"lower individual buying power" means much higher taxes and less freedom with your money.
Higher taxes don't necessarily mean less freedom with your money; a collective good that a group largely (or even unanimously) in favor of purchasing might go unpurchased due to the free rider problem.
See Mancur Olson's "The Logic of Collective Action: Public Goods and the Theory of Groups"
Higher taxes don't necessarily mean less freedom with your money; a collective good that a group largely (or even unanimously) in favor of purchasing might go unpurchased due to the free rider problem.
See Mancur Olson's "The Logic of Collective Action: Public Goods and the Theory of Groups"