Reply to post: Re: There is really only one taxation system that makes sense

Piketty-Poketty-Poo: Some people are just itching to up tax to capital ...

John 62

Re: There is really only one taxation system that makes sense

Oh, yes! The golden bullet. That old chestnut of a small tax on all things, no exemptions, etc. But it is politically expedient to make exemptions. I don't think churches should necessarily tax free, but you might think charities should be. Best case, someone will write the rules but there will be unintended consequences that hammer the poor or discourage wealth creation. Worst case, the rules will be written by the people in power to enrich themselves and their friends.

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