Reducing Taxes: As Close to 'Free Lunch' As There Is

There are a few actions one can take that have no downside, only an upside. Economists teach students, There is no free lunch, meaning an action that might be beneficial to some may well be harmful to others. An example would be an increase in the minimum wage, which is beneficial to those receiving it, but harmful to all of those who do not get jobs or are laid off because employers either cannot or are unwilling for competitive reasons to pay the mandated higher wage.