I’m reading an entertaining book right now called 1177 BC: The Year Civilization Collapsed. I had to chuckle this morning when I read about the Egyptian kings around 1,300 BC exempting ships bringing traded goods out of foreign lands from paying taxes. There are several examples of this written down.
Imagine that. Corporate tax breaks to incentivize trade and investment over 3,000 years ago.
You can almost see an ancient version of Kevin Lacey from the Canadian Taxpayers’ Federation lobbying the Pharaoh to stop the horrible practice of corporate tax breaks and complaining about the growth in the size of the state.
The more things change, the more they stay the same.