we need more pigovian taxes like alcohol and nicotine  i'm neoliberal and professor at the austrian school of economics. i believe in the teachings of hayek, mises, rothbard, etc... if you really believe in the austrian school and capital theory, you ought to be for higher taxes, here's why: consumption doesn't drive the economy, savings and investments do, savings are channelled into investments which builds up capital stock. this is what really increases productivity. because of this, we need to increase savings and decrease consumption. by taxing alcohol, nicotine, luxury, the government can not only discourage the purchase of these items, but to the extent that they are purchased, siphon off a portion of the proceeds and use it to repay debt. repaying federal debt injects money back into the capital markets so it can then be invested in private sector projects and companies. this is how you build an economy. slovenia and spain took the advice of the ecb and implemented these policies and their economies have been soaring!
Anarcho-Capitalist