June 3rd: Tax Freedom Day!
Today is, according to the Adam Smith Institute, Tax Freedom Day, on which the average British citizen stops working for the government and starts working for themselves.
While I don't subscribe to the "Taxation is Theft" argument, I do agree that governments should never take money from their citizens in taxes without a good reason or take more than they need to, and tax rates should always be low enough to reward hard work and ability and give people incentives for industry and for improving their skills.
Keeping a record of how many days of the year the average citizen has to work to pay off his or her taxes and celebrating when that day is reached as "tax freedom day" strikes me as a good way to make the point.
An Adam Smith Institute article on the subject can be read here.
There is also a good piece at CAPX called "What tax freedom day really means."
While I don't subscribe to the "Taxation is Theft" argument, I do agree that governments should never take money from their citizens in taxes without a good reason or take more than they need to, and tax rates should always be low enough to reward hard work and ability and give people incentives for industry and for improving their skills.
Keeping a record of how many days of the year the average citizen has to work to pay off his or her taxes and celebrating when that day is reached as "tax freedom day" strikes me as a good way to make the point.
An Adam Smith Institute article on the subject can be read here.
There is also a good piece at CAPX called "What tax freedom day really means."
Comments
But yes, that is the reason the Ideas of Flexcit have now broken the walls of the bubble, and have a press opening. Thanks very much to Roland Smith (AKA White Wednesday) of TLA and ASI, here
as Richard points out how it pierced those bubble walls here and Roland himself comments here
Too good an opportunity to waste that one, thanks Chris.
so will make no apology for once again quoting demand 5 of the Harrogate agenda
5. No taxation or spending without consent:
No tax, charge or levy shall be imposed, nor any public spending authorised, nor any sum borrowed by any national or local government except with the express approval the majority of the people, renewed annually on presentation of a budget which shall first have been approved by their respective legislatures.
rather than "this is what we ARE going to do, and this how YOU WILL pay for it"
its more
"this is what we would like to do, and this is how much it would cost and this how we suggest you pay for it, do you accept our business case?"
http://www.telegraph.co.uk/business/2016/06/01/leave-camp-must-accept-that-norway-model-is-the-only-safe-way-to/
here is a good one for "lovely thought of the day"