Tag Archives: taxation

Toward tax freedom and justice

Source: Cobden Centre
by Vishal Wilde

"Although considerable resources are expended upon attempting to influence Government spending, advocacy of greater tax choice (taxpayers having greater discretion regarding how their taxes will be spent) is relatively low despite it being a more efficient, effective and direct means to influence Government spending. I have sought to theoretically fortify arguments for tax choice." [editor's note: How about the choice to not pay? – TLK] (02/13/17)

http://www.cobdencentre.org/2017/02/toward-tax-freedom-and-justice/

Taxation is slavery

Source: A Geek With Guns
by Christopher Burg

"Last year Americans were working until April 24th for Uncle Sam. It's only after that point that they were allowed to make money for themselves. Every one of us, except people who work purely in the agorist economy, has to buy our temporary freedom from Uncle Sam. If you are an employee then your employer buys your freedom by renting you out. Being rented out by your employer takes the form of automatically withheld taxes from your paycheck. If you are a contractor then you buy your own temporary freedom by paying estimated owed taxes every quarter. Slave renting hasn't gone away, the criteria have just changed so that everybody is a slave of Uncle Sam." (02/10/17)

https://blog.christopherburg.com/2017/02/10/taxation-is-slavery/

Professional footballers and the morality of tax avoidance

Source: Acton Institute
by Richard Teather

"The footballing salary is paid to the players and is taxable in the usual way. But several players have transferred the rights to exploit their image to a company, so that the image rights payment becomes the income of the company rather than of the player. And if that company is not based in the UK, the UK government will have no right to tax that income. Is this illegal? Almost certainly not; intellectual property is a vital part of the modern economy and payments for image rights are perfectly legitimate, and genuinely offshore companies are not taxable here. … However even if these structures are legal, are they 'morally wrong,' as former British Prime Minister David Cameron described comedian Jimmy Carr's tax planning?" (02/10/17)

http://acton.org/publications/transatlantic/2017/02/10/professional-footballers-and-morality-tax-avoidance

Now is Australia's last chance to become tax-competitive

Source: Foundation for Economic Education
by James Ledger

"During last year's election campaign, the corporate tax reform pushed by Prime Minister Malcolm Turnbull and Treasurer Scott Morrison promised to reduce business taxes from 30 percent to 25 percent over a ten-year period. This is not enough. By [the time?] these rates go into effect, Australia will have missed its chance to become an economically enticing nation that conducts business in a post-resource boom investment slump." (02/12/17)

https://fee.org/articles/now-is-australias-last-chance-to-become-tax-competitive/

A moral challenge

Source: Everything Voluntary
by Carl Watner

"Most of the people I have spoken to over the years think that government taxation is not theft because government is a necessary social institution. The attainment of the common good requires taxes to support government. Thus, those who evade paying their proper share or those who object to how their tax money is spent (the pacifist — on war; the Catholic — on abortion; the anarchist — in general) must be threatened with force beforehand. If they refuse to pay they will ultimately have their property confiscated and sold at auction or they will find themselves imprisoned (either after a conviction for violating the tax laws or for contempt of court [for refusing to obey a judge's orders to cooperate]). If they violently refuse to cooperate with the marshals that come to take their property or arrest them, they will be subdued or killed. These actions by government agents are 'stealing' and/or 'killing' by any commonly accepted definition of those terms." (02/08/17)

http://everything-voluntary.com/a-moral-challenge-2

Cut, don't reform, taxes

Source: Campaign For Liberty
by Ron Paul

"Many Americans who have wrestled with a 1040 form, or who have paid someone to prepare their taxes, no doubt cheered the news that Congress will soon resume working on tax reform. However taxpayers should temper their enthusiasm because, even in the unlikely event tax collection is simplified, tax reform will not reduce the American people's tax burden." (02/06/17)

http://www.campaignforliberty.org/cut-dont-reform-taxes

Time to reform the mortgage interest deduction

Source: Cato Institute
by Mark A Calabria and Diane Yente

"As the Senate considers the nomination of Steven Mnuchin for the role of Treasury secretary, members of Congress should just as seriously vet new opportunities for comprehensive tax reform. Indeed, Congress has a clear opportunity to enact tax reform that addresses the growing affordable rental housing crisis facing millions of low-income people in every state and community. That starts with reforming the mortgage interest deduction. No longer a political 'third rail,' experts from across the ideological spectrum are increasingly calling it what it really is: a wasteful use of federal resources that encourages households to take on higher levels of debt, disrupts the housing market by increasing costs for everyone, and mostly benefits those who do not need federal assistance to live in a stable home." (02/06/17)

https://www.cato.org/publications/commentary/time-reform-mortgage-interest-deduction

Sadly, all too many don't understand business rates

Source: Adam Smith Institute
by Tim Worstall

"Business rates are not perfect as they rely upon the rentable value of the building, not the land it is upon. But they are the closest we've got to a good tax, a land value tax. Meaning that if we're going to have a debate about rates and the current revaluation then it would be a good idea if we all understood them …" (02/06/17)

https://www.adamsmith.org/blog/sadly-all-to-many-dont-understand-business-rates

Cut corporate taxes and corporate welfare

Source: Cato Institute
by Chris Edwards, Romina Boccia & Tom Schatz

"President Donald Trump is prioritizing major tax reforms, including a large corporate tax rate cut. The cut has broad support and promises to spur growth, but it will face political opposition if it widens the already rising budget deficit. As such, President Trump would do well to pair his corporate tax cut with a cut in 'corporate welfare' spending." (02/03/17)

https://www.cato.org/publications/commentary/cut-corporate-taxes-corporate-welfare

Why Big Oil is lobbying for a carbon tax

Source: Foundation for Economic Education
by Daniel J Mitchell

Elon Musk already is infamous for trying to put taxpayers on the hook for some of his grandiose schemes. Now, as reported by Bloomberg, he wants an energy tax on American consumers. … such a tax would make his electric cars more financially attractive. It's rather unseemly (and I'm bending over backwards for a charitable characterization) that a rich guy is pushing a tax on the rest of us as a way of lining his pockets. What's ironic, though, is that he's probably being short-sighted because a carbon tax presumably would hit coal, and that's a common source of energy for electrical generation. So while regular drivers would pay a lot more for gas, Tesla drivers would pay more at charging stations. Some big oil companies also are flirting with an energy tax for cronyist reasons." (02/01/17)

https://fee.org/articles/why-big-oil-is-lobbying-for-a-carbon-tax/