British Democracy Forum - View Single Post - Question Should income taxes be abolished?

Smidgey · 03-05-2008, 01:37 PM

I would prefer to reduce/abolish as many taxes as possible (including the income tax and corporation taxes as a priority).

My prefered option would be to fund the minarchist state with a sales tax (which could hopefully be lowered over time). My reasons for this are that:

1) Wealthier people purchase more than poor people, thus in a sense (although not to the same extent) it would have similar impact to an income tax based upon ability to pay.
2) I don't support your idea of a land tax BonnieDundee, for the main reason that I think one's property is theirs and they should not be taxed on something they own (and I don't want to get into an argument about the philosophy of property here).
3) It is practical and requires less bureaucracy than many other forms of taxes. Although it most certainly has the major disadvantage of passing the burden onto corporations and consumers. Although, I believe this to be one of those 'least bad' situations.

03-05-2008, 01:37 PM	#7 (permalink)
Smidgey Uber Member Join Date: Feb 2006 Location: Edinburgh Posts: 2,129 Party: Libertarian Party	I would prefer to reduce/abolish as many taxes as possible (including the income tax and corporation taxes as a priority). My prefered option would be to fund the minarchist state with a sales tax (which could hopefully be lowered over time). My reasons for this are that: 1) Wealthier people purchase more than poor people, thus in a sense (although not to the same extent) it would have similar impact to an income tax based upon ability to pay. 2) I don't support your idea of a land tax BonnieDundee, for the main reason that I think one's property is theirs and they should not be taxed on something they own (and I don't want to get into an argument about the philosophy of property here). 3) It is practical and requires less bureaucracy than many other forms of taxes. Although it most certainly has the major disadvantage of passing the burden onto corporations and consumers. Although, I believe this to be one of those 'least bad' situations. __________________ How vain is man, who boasts in fight the valour of gigantic might! -Georg Friedrich Händel