MAXIMUM TAXATION? Taxation is by definition immoral. Whereas fees are not. We is

MAXIMUM TAXATION?

Taxation is by definition immoral. Whereas fees are not. We issue taxes even in local villages, largely to prevent free riding. We issue taxes under statism for the purpose of empowering the state. And little else.

The maximum taxation possible is that which maintains the ability of exit from the market and the total reliance on past earnings as a means of maintaining one’s standard of living. If this lottery is removed it will decrease participation in experimentation that is only evident over a decade or more.

Subtract from this the willingness of people to subsidize that which they disagree with.

Subtract from this the impact that taxation places on their status signaling ability.

Subtract from this the trust that their sacrifice is well used by government.

Subtract from this their current level of economic confidence in the long term.

That’s pretty much it. Math is pretty easy really.