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[–] bikergang_accountant 0 points 1 point (+1|-0) ago  (edited ago)

Who says that insurance costs are reduced as a result. People need to pick up some marginal theory.

If you have the same consequences buying or not buying it now as was before, then you will be willing to pay the same price for it. So you do pay the same price for it, and they get a tax subsidy on top of it. It's free money for cronies, and not some innocent right hand left hand trick as OP makes it out to be.

Austrianism is something everyone here needs to learn. https://www.mises.org/sites/default/files/Principles%20of%20Economics_5.pdf