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by aww_dang 2409 days ago
Yes. We should allow free competition between tax jurisdictions. If another state is willing to provide better services in any regard, people should be free to decide what suits them best.

What is the meaning of private property if individuals can not move it abroad as they wish?

A more productive line of inquiry might be an examination of what tax authorities can do to make their schemes more palatable.

Perhaps the experiment of liberalism (as suggested in the 18th century) has failed if government has reached the point where it is trying to optimize and maximize revenue. It seems that liberalism has arrived at the same place that inspired the guillotine and the Boston tea party.

https://en.wikipedia.org/wiki/Laffer_curve

2 comments

> What is the meaning of private property if individuals can not move it abroad as they wish?

Move your money wherever you want, after you paid your taxes.

I think this theory has been discredited as Reaganism propaganda. The fact that its wikipedia page does not account for criticism makes it even more dubious.
Maybe you could flesh out the substance of your assertion?

I fail to see why individuals and corporations would not pay if it were cheaper to comply than to evade taxes. Part of the expense of compliance is the staffing of lawyers and accountants. On the other end perhaps increased value could be added in the form of incentives for tax-payers.

Resentment seems to be running high (rhetoric about the 1%) in regards to the guillotine observation. Similarly many are frustrated and looking for a way to escape tax obligations.

More and more individuals are choosing to go through the inconvenience of renouncing their US citizenship.

https://www.americanexpatfinance.com/news/item/131-u-s-final...

https://www.americanexpatfinance.com/images/Renunciations_20...