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By Bryan Kavanagh: Rent revenue for a resilient society

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For years I've argued that we ensure the phenomenon of recurrent financial and social collapses once we come to believe that taxes are essential to the running of government, that is, once we lose sight of the truism that taxation destroys. Australia has an incredibly vast bureaucracy (and much of its citizenry) wedded to the gross stupidity that there is some sort of social responsibility to pay taxes, and slowly but surely over the years we have progressed this manner of organised public theft into law. The phenomenon of periods of social instability and financial collapse we experience every eighteen years or so is neither the fault of capitalism nor of socialism per se, but of a sorely misguided revenue system.

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Quite Right Brian by David Chester on Friday, Apr 22, 2011 at 3:43:44 AM