plus all non corporate businesses and other non corporate
groups.
Murray Rothbard said never turn down a tax cut or
exemption.
I think I have found a way that about 95% of Americans
including most libertarians and Classic liberals can live
with.
A libertarian running for office who is against all taxes can in
honesty call for a tax cut or tax exemption, he or she can call for
elimnating the income tax, elimnating the property tax and elminating
all taxes on individuals and non corporate groups without calling for
any taxes. Poll Reporting. com shows that with the last call 95% of
Americans would be with him, only 5% say corporations pay to many
taxes.
Pro tax small government people can live with it too, the federal
corporate income tax brings in over 200 billion dollars a year more
than enough to run a constitutional small federal government, if 100
billion is enough, the other 100 billion could go to pay off the
debt, the blance could be payed by the states or the federal
corporate income tax could be increased for a few years until the
debt was payed off. It might even be better to do away with the
current federal corprate income tax system with its crazy rate
structure and many many deductions, credits and exemptions, so with
one exemption of 1 million dollars a year on gross revenue, every
dollar over that will be taxed at 2% if the federal corporate tax is
to remain revenue neutral, less than 4% should do if the federal
government is going to be the one to pay down all the
debt.
I do not have the fiqures for state, county and local government
corporate taxes right now but I don't think they bring in as much as
the federal taxes in total but should be enough for a small
government.
Of course most of those 95% of Americans would want to stay
at least revenue neutral. A federal corprate gross revenue tax over
the first million dollars would take around 15% to replace all
federal taxes and remain revenue neutral. To replace all federal,
state, county and local government taxes would probally take 25% of
gross corporate revenue. Would revenue sustain at those rates?
Maybe, maybe not but it would give us time to come up with real
agreements and solutions from the bottom level up, as it is the
government revenue sources will probally dry up anyway within the
next 15 to 30 years, not taxing the people will give a great chance
for alternative strong systems and institutions to
develop.
99% of the 23 million American business would pay no taxes
directly
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