The Free Talk Live BBS
Free Talk Live => General => Topic started by: glenn on May 03, 2015, 06:26:15 PM
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If there's going to be taxes, What kind are the least destructive? Henry George's ideas?
http://www.econlib.org/library/Enc/bios/George.html
http://en.wikipedia.org/wiki/Georgism
Milton Friedman agreed with "the Henry George argument" as being "the least bad" means of raising whatever public revenue was needed.
Austrian economist Friedrich Hayek credited early enthusiasm for Henry George with developing his interest in economics. Later, Hayek said that the theory of Georgism would be very strong if assessment challenges didn't lead to unfair outcomes, but he believed that they would.
What are your ideas on the subject????
Please speak up.
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Usage fees.
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A pollution tax (https://en.wikipedia.org/wiki/Ecotax) would be least bad. Followed by fees on the last government monopolies, like roads and ultimately contact enforcement. But eventually all would become unnecessary.