It seemed like a good idea to take the low paid out of income tax altogether -indeed it was but the lesser thought about consequence has been an inversion of the no taxation without representation principle -we now have representation without taxation and the implications are only now starting to dawn on political observers.
A sizable part of the electorate now get to vote on issues that will not affect them in their wallets and purses whatseover -they can vote on higher taxes without being affected by the consequences -effectively voting to put up taxes for other people which will not touch them adversely at all and moreover which they will be the direct beneficiaries of.
The proper trade off for such an advantageous position on the part of the non taxpayers should have been the withdrawal of their electoral vote. No taxation without representation contains within it an implicit acknowledgement of its reverse expression -no representation without taxation -remove the one and you remove the other.
If you want a say in politics as it is now constructed -and we of course at the Capitalist Party advocate a very different system from the existing one (as outlined in some detail in previous posts) you have to have some skin in the game -you cannot influence what people pay in income tax when you are exempt from it as any notion of fairness would automatically preclude such an unfair proposition.
We advocate an abolition of income tax altogether but this done as previously stated over a generation by a gradual tapering off and reduction. It is enough here at this juncture to point out the obvious iniquities of the present arrangement and highlight the breach of faith with the original principle of no taxation without representation that it represents in reverse.
Thursday, August 23, 2018
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