Thanks, Barak, for the corrected numbers. How nice to live in a world where minimizing the complexity and level of the tax system maximizes the level and distribution of prosperity, and the government income. Wouldn't it be dreadful if the way to minimize poverty and misery required adding complexity to the tax system and increasing tax rates?
Barak: I'm a little confused. I went to your post and read (and liked) it. I interpret you to now refute your original claim about the statistics for the various new flat-tax countries; you say that the similar countries that have the usual convoluted and high tax systems are experiancing similar growth. Is this correct?
If so, please consider this view: if both systems perform equally as well, shouldn't we prefer the simpler one? I cannot imagine, by the way, that high and complicated taxes can fail to hurt an economy.
2 comments:
Thanks, Barak, for the corrected numbers. How nice to live in a world where minimizing the complexity and level of the tax system maximizes the level and distribution of prosperity, and the government income. Wouldn't it be dreadful if the way to minimize poverty and misery required adding complexity to the tax system and increasing tax rates?
Barak: I'm a little confused. I went to your post and read (and liked) it. I interpret you to now refute your original claim about the statistics for the various new flat-tax countries; you say that the similar countries that have the usual convoluted and high tax systems are experiancing similar growth. Is this correct?
If so, please consider this view: if both systems perform equally as well, shouldn't we prefer the simpler one? I cannot imagine, by the way, that high and complicated taxes can fail to hurt an economy.
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