US House Republicans are poised to raise $1.2 trillion in tax revenue through the Border Adjustment Tax, but is it really necessary?
“What If the Government Had to Earn Your Money?”
The Problem
Taxation ensures that the government’s revenue is independent of the outcomes it achieves, leading to ineffectiveness, waste, and even corruption in government services.
The Solution
Give people a say in where their tax dollars go, allowing them to send them to where they will do the most good. This will improve the accountability of government and, most importantly, practical outcomes for real people.
The tax system should serve the people, and not the other way around.
Most Human Welfare Isn’t Funded By Taxation
Most of our human needs are met by non-governmental entities, many of which deliver services more effectively and efficiently than government agencies. Introducing choice into taxation will allow us to send our tax dollars to wherever they can do the most good and to whomever can do the most good with them.
Non-Profits
A non-profit is a corporation whose shareholders do not make profits and which measures its success in terms of a benefit it provides to the community it serves.
Co-ops/Mutual Societies
Whereas a charity acts as a third party that receives donations from some people, which it uses to the benefit of other people, a mutual society or co-op involves multiple people coming together for their collective benefit. Typically, members put funds in to a pot when they can afford to, to take them out when they need to.
For-Profit Corporations
The overwhelming majority of the products and services that Americans require are provided by for-profit corporations, which directly provide a needed product or service for money. Since a company must provide value to customers to make a profit, its interests are aligned with those of the people that it serves.
“So, what if you could choose where to send your tax dollars?”
The Tax Revolution Is Here!
The idea of a “voluntary” tax system that is truly voluntary may seem like a huge jump from where we are today.
But it really isn’t. In fact, not only is such a thing feasible: It’s already being implemented in various ways in our country and elsewhere.
Tax Credits
For each dollar you give to an NGO performing a social or economic welfare function, you pay a dollar less to the government in tax.
Opt-In/Opt-Out
“Opt-in” to give your tax dollars to a government agency which is doing a great job or a program that is particularly effective; “opt-out” to withhold your tax dollars from a wasteful agency or program that is doing more harm than good.
Competing Jurisdictions
Our country has multiple layers of government (federal, state, county, city, ward, district) and jurisdictions. Japanese taxpayers foster inter-governmental competition by choosing which layer of government and even which city receives their tax dollars.
“What If the Government Had to Earn Your Money?”
“What If the Government Had to Earn Your Money?”
Welcome to the Tax Revolution.
The 5 Things Republicans Don’t Want You to Know About Their Tax Reform
TRI’s Dan Johnson pokes holes through the Republicans’ so-called “tax reform” plan, noting the various empty promises they made during the last election.
The EPA Is Literally the Worst (and Here’s Why)
The mission of the EPA is to “protect human health and the environment,” and while they do the exact opposite of that, they are wasting your tax money.
Your Welfare Dollars Feed State Budgets, Not Needy Families
Temporary Assistance to Needy Families is the prototypical example of government failure and why Americans need to rethink how their tax dollars are spent.
If the Feds Come for Your Legal Marijuana, Defund the DEA
What if the American public could put an end to the federal government’s war on marijuana by voting with their tax dollars?
AUDIT THE IRS
Tax Code Complexity Now Costs U.S. Economy up to $1 Trillion Annually
With our federal tax code and regulations now topping the 10 million-word mark, the costs associated with compliance are going through the roof.
FIRST AMENDMENT ALLIANCE
Nation on FIRE: IRS Targeting of Free Speech
TRI Senior Advisor Jeff Lewis hosts a webinar on the IRS targeting of free speech, featuring TRI Executive Director Dan Johnson and Kimberly Strassel of the Wall Street Journal.
