http://publicassets.org/blog/he-had-it-right-the-first-time-2/ Government for the People Tue, 07 Sep 2010 22:16:32 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://publicassets.org/blog/he-had-it-right-the-first-time-2/comment-page-1/#comment-40 RALPH HOWE Wed, 27 Jan 2010 03:01:29 +0000 http://publicassets.org/?p=2316#comment-40 If all property were taxed equally, the burden would fall most heavily on those with the greatest economic wealth, rather than on the poorest. Tax the assets and tax value added and discover that small business can thrive while the needs of the poorest are well met. Shocking---VAT and full property taxation might be more equitable than the highly unprogressive forms of income taxation now used (consider how much effort the government and employers use to squeeze taxes out of waiters' tip income vs actually getting anything from most 6 figure income folks. If all property were taxed equally, the burden would fall most heavily on those with the greatest economic wealth, rather than on the poorest. Tax the assets and tax value added and discover that small business can thrive while the needs of the poorest are well met. Shocking—VAT and full property taxation might be more equitable than the highly unprogressive forms of income taxation now used (consider how much effort the government and employers use to squeeze taxes out of waiters’ tip income vs actually getting anything from most 6 figure income folks.

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