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How regulation will smother the sharing economy

Megan McArdle / September 7, 2016

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How regulation will smother the sharing economy

U.S. president Ronald Reagan famously summed up the logic of government thusly: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” Uber and Lyft move, so naturally, the state of Massachusetts wants to tax them. And since taxis aren’t moving nearly as much as they used to,…

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