FAIRER TAXES

The money you earn is your property. It belongs to you. Not the government. This truth should be at the forefront of any conversation about taxes.

Taxes should be low, simple, behavior neutral and broad-based. Explore our principles for fairer taxes.

PRINCIPLES FOR FAIRER TAXES

 

Taxes Should Be Low.

SINCE THE TAXES COLLECTED BY GOVERNMENT ARE THE PROPERTY OF INDIVIDUALS AND BUSINESSES, THE AMOUNT COLLECTED SHOULD BE KEPT LOW TO SUPPORT ONLY CORE FUNCTIONS OF GOVERNMENT.

NOT ONLY IS IT MORAL TO ALLOW PEOPLE TO KEEP MORE OF THEIR OWN MONEY, DOING SO RESULTS IN GREATER ECONOMIC GROWTH. WHY? BECAUSE ON AVERAGE, PEOPLE SPEND THEIR MONEY MORE EFFICIENTLY THAN THE GOVERNMENT.

Taxes Should Be Simple.

AN HONEST PERSON SHOULDN’T HAVE TO HIRE LAWYERS AND ACCOUNTANTS TO PAY TAXES. A DISHONEST PERSON SHOULDN’T BE ABLE TO GAME THE SYSTEM.

LOCAL, STATE AND FEDERAL GOVERNMENTS COLLECT REVENUE THROUGH A COMPLEX WEB OF HUNDREDS OF TAXES AND FEES, MANY OF WHICH INCLUDE AN EQUALLY COMPLEX WEB OF EXCEPTIONS. A SYSTEM THIS COMPLEX PRESENTS A TREMENDOUS BURDEN ON INDIVIDUALS AND BUSINESSES. PEOPLE SHOULD EASILY BE ABLE TO KNOW WHAT THEY ARE PAYING IN TAXES AND WHY.

Taxes Should Be Behavior Neutral.

THE PURPOSE OF TAXES IS TO FUND ONLY CORE GOVERNMENT FUNCTIONS. TAXES SHOULD NOT BE USED TO CONTROL YOUR BEHAVIOR. BUT TOO OFTEN TAX POLICY IS USED TO DO JUST THAT—TO ENCOURAGE YOU TO BUY OR SELL CERTAIN PRODUCTS AND SERVICES AND TO DISCOURAGE YOU FROM BUYING OR SELLING OTHERS. PEOPLE SHOULD BE ABLE TO DECIDE HOW TO SPEND THEIR MONEY WITHOUT THE GOVERNMENT DISTORTING THE ECONOMY THROUGH TAX INCENTIVES OR DISINCENTIVES.

Taxes Should Be Broad-Based.

ONE GROUP OF PEOPLE OR BUSINESSES SHOULD NOT CARRY THE MAJORITY OF THE BURDEN WHILE OTHERS DUCK PAYING TAXES. ENSURING EVERYONE PAYS THEIR SHARE ACROSS THE POPULATION MEANS THAT MORE PEOPLE HAVE A STAKE IN HOLDING THE GOVERNMENT ACCOUNTABLE FOR SPENDING. IT HAS THE ADDED BENEFIT OF SLOWING CRONYISM AND REDUCING VOLATILITY WHEN CERTAIN AREAS OF OUR ECONOMY CONTRACT.