wkmac
Well-Known Member
When it comes to taxation, IMO there will never be a perfect tax system. Someone in the economic scale will pay more and someone will pay less and this even applies to non-progressive tax systems as well as the fair tax. It also applies IMO to people who draw more from various gov't systems and people who draw less if little at all based on what they pay for what they get directly in return.
About the closest you could ever come to a perfect tax system (if there really is such a thing) IMO would be an excise tax similar to the gas tax you pay at the gas pump. Don't use the road and you never pay the tax or in other words, you volunteer to use the gov't service ie the roads so you pay the tax for that service. Nobody forces you in or out, so the choice is up to you. Corporations want gov't money and intervention when they get in trouble? Make the corporations pay the tax to fund such adventures. Gov't in a sense becomes a type of public cafeteria in which you only pay for what you get!
The excise tax like the gas tax is not a perfect system either as some claim the newer high mileage vehicles aren't paying their fair share verses other vehicles and now that debate is starting to heat up. One idea is to charge a tax based on miles driven rather than paying at the pump. I also think this has caused central gov't planning to temper automakers from going harder into high mileage and non-petro conveyance vehicles as the lessened tax revenue implications in the case of gov't would have those infamous unintended consequences. Same reason gov't is intervening in the economy with inflationary programs as the economy shrinks under deflationary forces. This deflation and it's effect on GDP value undermines the whole Keynesian public debt ideal as well as effects gov't tax revenues in a time gov't refuses to cut costs and shrink when economic laws are screaming for this to be done in both the public and private space!
The Fair Tax also has a "potential consequence" to reinflate the very bubble that got us where we are now and push the bust farther down the road to an even worse inevitiblity which to be honest is no different than what gov't is trying to do now with the idea they can manage it all later! The truth is, we need to re-balance our economic houses both personal and public and this means cutting costs, saving money and re-allocating resources to more productive means in society.
Be an anarchist by Spending Less on Everything!
About the closest you could ever come to a perfect tax system (if there really is such a thing) IMO would be an excise tax similar to the gas tax you pay at the gas pump. Don't use the road and you never pay the tax or in other words, you volunteer to use the gov't service ie the roads so you pay the tax for that service. Nobody forces you in or out, so the choice is up to you. Corporations want gov't money and intervention when they get in trouble? Make the corporations pay the tax to fund such adventures. Gov't in a sense becomes a type of public cafeteria in which you only pay for what you get!
The excise tax like the gas tax is not a perfect system either as some claim the newer high mileage vehicles aren't paying their fair share verses other vehicles and now that debate is starting to heat up. One idea is to charge a tax based on miles driven rather than paying at the pump. I also think this has caused central gov't planning to temper automakers from going harder into high mileage and non-petro conveyance vehicles as the lessened tax revenue implications in the case of gov't would have those infamous unintended consequences. Same reason gov't is intervening in the economy with inflationary programs as the economy shrinks under deflationary forces. This deflation and it's effect on GDP value undermines the whole Keynesian public debt ideal as well as effects gov't tax revenues in a time gov't refuses to cut costs and shrink when economic laws are screaming for this to be done in both the public and private space!
The Fair Tax also has a "potential consequence" to reinflate the very bubble that got us where we are now and push the bust farther down the road to an even worse inevitiblity which to be honest is no different than what gov't is trying to do now with the idea they can manage it all later! The truth is, we need to re-balance our economic houses both personal and public and this means cutting costs, saving money and re-allocating resources to more productive means in society.
Be an anarchist by Spending Less on Everything!