1. idij

    That ranking of the taxes ignores law and order effects.

    Consumption taxes result in armed gangs of smugglers and a thriving black market and all that brings.

    Income tax doesn’t result in armed gangs of workers smuggling their income out of the office of a payday. It might result in an increase of people working “for cash”, but, well so what? That’s only a problem in so far as the state didn’t get 100% of the revenue it might have received. A certain percentage escapes the net. Not fair, but not a threat to society either. The bigger problem is that talented people leave. That’s a boiling frog effect though.

    Luckily unproductive land and uninhabited houses and offices are not going to be leaving anytime soon. Tax them until they are in use, and inhabited I say.

  2. I’ve been engaged in taxations for lengthier then I care to acknowledge, both on the individual side (all my working life history!!) and from a legal stand since passing the bar and pursuing tax law. I’ve provided a lot of advice and righted a lot of wrongs, and I must say that what you’ve posted makes complete sense. Please carry on the good work – the more individuals know the better they’ll be armed to handle with the tax man, and that’s what it’s all about.

  3. Hi Tax Lawyer! thank you for the nice comment and support! We do our best to champion simplified taxation where ever we can! thanks for dropping by and hope to see you here again.

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