jaichind
Atlas Star
Posts: 27,757
Political Matrix E: 9.03, S: -5.39
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« on: January 27, 2013, 09:39:35 AM » |
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Something similar to what Hong Kong used to have (they have since moved to system more like USA but still vastly simpler and better): Standard deduction and flax tax on top of that. Capital gains, dividends should not be taxed. If there is political desire to reduce inequities then there should be a wealth tax for all wealth above some threshold. The goal should be to encourage output and economic activity.
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