Hmmm…. VAT is the worst tax of all. It interferes with every step in the acqui

Hmmm….
VAT is the worst tax of all. It interferes with every step in the acquisition, production, distribution, and sale change. It’s horrific.

Income tax is the LEAST harmful tax because it’s all post-hoc. ie: it’s demonstrated. It’s not a theory, it’s not a presumption, it’s not a rent, but a commission on success.

Theoreticaly we would love to operate ONLY by income taxation, and that would be possible if the entire country was paid through a service like ADP – so that your income, your taxation, and your CREDIT and your REDISTRIBUTIONS were not open to manipulation, fees, delays, or anyone. If we did that, just that, we could have 0% interest on consumer spending for anything durable. And we could avoid the entire IRS system other than rewards for reporting scammers that ‘steal’ from the rest of us.

Sales tax isn’t necessarily a bad thing as long as it’s not on food, and it’s included in the price of the good.

Property tax is also a problem when instead it should just be a balance sheet report for the locality, and your portion of the fees and debt payments. If we were that transparent, people would be much more comfortable.

The same is true for the monetary incompetency and lack of transparency of state and federal institutions.

Truth is that wealthy people do not particularly mind paying a bit more income tax if they felt it was better managed than they manage the money themselves – or if they could have some say in how their contributions were allocated. Even more so if their contributions were public so that the public could thank them – because really, tye pay for almost everything. If we saw that, the state would do a much better job of providing services. And the people would be much more tolerant of the challenges faced by the state.

Imagine if everyone capable had to do X years of public service prior to retirement, in some capacity or other (greco roman model) instead of career bureaucrats who justify their behavior.

Reply addressees: @anderstegn @erikbrus25