Mar 312009

With all the shenanigans of governments let’s do one simple thing.
Let us simplify a big aspect of people’s lives.

A flat tax must be introduced in the USA and UK and for my benefit ( ! ) in Greece.

The excessive costs, bureaucracy, angst, agony and time consuming nonsense that has to be born by every individual, certainly every money earner – of interpreting and complying with tax rules and regulations, concessions, allowances, exemptions, exclusions is a waste and it is unnecessary.

One exemption begets an imbalance in the economy which begets a plea for another exemption or special treatment which begets another special treatment or exemption.

A 10-15% tax on all income over a minimum livable level (that of course has to be argued over, debated, defined and decided upon). That’s it, that simple.

No vested interest concessions, no fooling around… a simple let people get on with their lives and do better things idea whose time has come. whose time is now.

The complexity and conflicting, confusing tax structures must go, only a lunatic could have created this monster with endlessly growing matrix, maze and tentacles. A very warped lunatic (sic!).

Why oh why do we all put up with it.

Now – when money itself seems to be at risk of risk of….

Flat Tax, freedom and prosperity built on a solid foundation.

It IS possible.

Say yes to it. embrace it, push it, welcome it and get on with your life – once and for all unfettered by the rising damp, the rot-setting-in nature of politically motivated tax manipulation.

Flat Tax – if you care.

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May 032005

Let the lead taken by several east Europe countries and Russia be followed by the USA and UK.
A flat tax makes perfect sense morally and in terms of economics.

Just like artificial distorters of life – common agricultural policy being one example – it is time to put fairness and honesty, freedom and justice to the fore.

A flat tax would only be vehemently opposed by a few vested interests who have no right to earn what they do out of the ridiculously elaborate, costly, complex, energy and intellect-wasting tax regimes in most countires of the world. No right because their ride so far is fine , but it is not a right to have your government put in place such a complexc scheme of taxation that the very exixtence of it creates jobs, whether in the public (tax offices?) sector or tax attorneys and planners in the private sector.

A flat tax must be set at a very low rate – it needs to be below 20% and preferably in the teens to provide that \””compliance incentive\”” which will reduc eht enormous costs of enforcing taxation compliance and payment of tax.

The boost to enterprise, the worthwhile-ness of hiring (cretaing jobs) the worthwqhile-ness of working , being an entrepreneur, taking chances and moving forward – all will benefit.

Clearly in examples set by countries which have adopted the flat tax system actual tax revenue should increase in short order.
Productivity gains in the hours saved by the general population not having to spend days in tax form preparation and possibly, in not devising ways to avoid paying tax at all will be substantial.

No reason or excuse whould prevent this move forward – part of a general move which must be a new current towards fairness, liberty and justice worldwide.

OK America and Great Britain – do it now and let countries such a s Greece and Italy follow and then let the good times (flat tax) roll worldwide. Start!