No. of Recommendations: 15
Depends on your view of the role of the government. It only matters if you think that 100% of earnings belong to them...and not the citizens. I’m fine with that idea … as long as those same people pay for the benefits the investments from taxes bring.
For instance, all roads in their area should be toll roads. That way there are no road taxes, and only the people who travel will pay for the roads. Commercial vehicles have to pay too, so that would be reflected in the cost of items on the shelves. So … higher prices but no taxes.
I’m hoping they’ll pony up to keep some kind of standing army, you know, just in case. Air Force, Navy, Marines too. So no taxes, but maybe somebody else takes over if they feel like it.
And of course we have to figure out some way to pay for police and fire services and other protections: where I am we pay for fire protection privately, and you don’t have to buy it at all. Of course if something happens they still have to put the fire out (to protect neighboring properties) and you have to pay for that service. If you pay to subscribe yearly then you don’t owe anything.
And I hope rural people are willing to pay the full cost of stringing expensive copper all that way, it’s not really fair to penalize some people who live densely packed for the benefit of those who want to be miles from neighbors, is it? Other utilities too, if appropriate. We wouldn’t want any hint of socialism, where some people help subsidize the costs of others, would we?
I don’t know if you think they should get the benefits of regulation that turned the stocks market from dark corners and conspiracies to a more open investing system, or the kind of thing that keeps their money in the bank safe, or even keeps poisons out of the food supply. And has changed the medicine business from snake oil to the abundant remedies we have available today. Of course it’s private industry that has done much of that, but it’s the oversight that’s kept them in line. And for working to get the education system to produce more research and more practicers in the industry. That seems to have been pretty important for developing the economy, but maybe it’s unnecessary and we can all grow tomatoes and rutabagas on the side yard.
And while I’m there, without the subsidies given smaller areas, the costs of keeping a hospital at the ready and airline service anywhere nearby will shoot up like a rocket. But those folks can use some of that 100% they’re keeping, so maybe they’re still OK. Unless they get sick, I guess.
Well, it’s true the list is long, and I suspect if I kept going I could reasonably argue that keeping that 100% maybe isn’t really such a deal after all. In fact, I’m pretty sure that if someone looked at the developed countries in the world that the US would be one of the lowest taxed on the list. Here’s a list to help:
https://en.wikipedia.org/wiki/List_of_sovereign_st...So anyway, when you find the place that lets you keep 100% and no taxes, I hope you’ll let the rest of us know. Although if it’s a place without any functioning government you know, Somalia or Antarctica I’ll probably skip it.
PS: You did say ‘100%’ didn’t you?
