RE: Neutral taxation? with respect to what?

2003-01-17 Thread Grey Thomas
Fred, ( Susan) even more than direct/indirect, you need to specify what is neutral. You have not yet adequately done so. As I try to do this, I realize that neutral must apply to some other characteristic, like a car's neutral color, or a car in neutral (gear). So, a policy change can be

Re: Neutral taxation? with respect to what?

2003-01-17 Thread AdmrlLocke
Dear Tom, By neutral I actually thought you mean one that wouldn't prejudice people's economic behavior. Opponents of the income tax often accuse it of discouraging work, saving, and investment and encouraging consumption. I thus thought that a neutral tax by comparison would be one that

Re: Neutral taxation? with respect to what?

2003-01-17 Thread Fred Foldvary
--- [EMAIL PROTECTED] wrote: By neutral I actually thought you mean one that wouldn't prejudice people's economic behavior. By that definition I can't imagine any neutral tax. Why can you not imagine that a tax on economic rent is neutral? Fred Foldvary = [EMAIL PROTECTED]

Re: Neutral taxation? with respect to what?

2003-01-17 Thread Anton Sherwood
Tom Grey wrote: Thus, increasing a land tax and decreasing other local taxes can be revenue neutral, (and I would support such a change) but insofar as it will encourage some behavior and discourage other (eg idle land will cost more), it is NOT incentive neutral. Reducing dividend taxation