21.9.09

Taxation

Looking out over the beautiful Lake District countryside. Have begun reading Dr Madsen Pirie's excellent new book Zero Base Policy released via the Adam Smith Institute and relaxing with little or no Internet access. Fun

One has to wonderful on one thing straight off; by page 13 he is calling for a mire fair tax system which doesn't punish the poor or the rich in society- this includes an illustration that Tolley's Yellow Tax Handbook, the standard go to text on your tax "liabilities" (ie what they will put you in jail for if you don't pay up) has effectively doubled in size from 4988 pages to 10134 pages (not taking into account a format change, making it more condensed!)

I'm wondering if their is a simple solution to tax reform which will prevent aggresive taxation; standardise the format, text size and font and limit the number of pages that the tax code is codified on, say to 500 pages, then protect these standards constitutionally, changes being put to plebiscite.

Wealth creators would then have an easy frame of reference and be less able to "avoid" being robbed from, and the wealth destroyers would have to be more open about their theft.

Think about the more extensive opportunities of this kind of approach to legislation- imagine why this would do to health and safety regulations, finance etc...

Just saying is all.

-- Post From My iPhone

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