Wednesday, January 8, 2014

A modest suggestion

Here is an idea about taxation. It may be considered protectionist, but I suggest that an import tax to replace individual taxes. I think individual taxes are not in accordance to the spirit of the original Constitution of the United States. In fact it was not in that spirit because there had to be an amendment in order to make it legal to have an income tax. I suggest the payroll tax be replaced by an import fee and a higher corporate tax rate. Taxes on individuals should be as low as possible.

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