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Feb17-08, 03:56 PM
P: 17,290
Best basis for taxation

Quote Quote by DrClapeyron View Post
How about all three you have listed and more? The best basis for taxation is exchange or transfer:

Exchange good for service: tax
Exchange good for good: tax
Transfer money from savings to checking: tax
Transfer yourself across national boundary: tax
You croak after 3 years of retirement: tax
Well, that is essentially the current system. So you basically think the current tax system is close to optimal?