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Showing results for tags 'taxes'.
The normal, dictionary definition of "taxation" is "the practice of a government collecting money from its citizens to pay for public services." "compulsory" is not in the definition. There's absolutely no necessity for it to be compulsory, in fact it should not be, as that contradicts the entire concept of a government based on the consent of the governed. Taxation is, properly, a contractual payment due. A proper government should have an explicit contract with its citizens, and allow them to leave the contract at any time. In the case of a rights-respecting government, the payment that
According to the Objectivist perspective, would it be immoral to advocate or accept government grants for college-education? I'm talking mainly about need based financial aid, rather than loans or scholarships. These loans aren't given for academic performance, but strictly based on income.
Is there a legal loop-hole that would allow to build a physical or virtual community that can avoid paying taxes ? Let's say "income taxes" ? For example -- a community based on barter ? IRS says that barter is still income taxable. However, is there a legal way to barter in a way that there is no paper trail that IRS can latch on ? Maybe some other tricks? For example, if all members of a community are getting stock of the company, instead of money, and then use the stock as currency, among themselves -- would it still be income taxable? Ordinarily stock must be sold, to be taxed as
I keep seeing the Fair Tax and Flat Tax proposals in the news and get confused which is what. Here is a scorecard: http://pafairtax.org/resrcs/FlatTaxFairTaxComparison.pdf Fair Tax wins my favor, for the many reasons listed in the pdf. The Fairtax is the more radical change because it requires repeal of the 16th Amendment to the U.S. Constitution.