Your thoughts on a direct tax-transfer?

7 posts / 0 new
Last post
Machjo
Your thoughts on a direct tax-transfer?

What would you think of a social system whereby though citizens would be expected to make a contribution to their society, little money would necessarily go through inefficient government buraucracy. I'll give an few examples of how such a system might work below:

A poverty-earmarked personal income tax. If you give your money to a charity and earmark it to help the poor, you can deduct that amount from your income tax and thsu not pay that tax. If you don't give any money to charity, well then of course you pay the tax.

A non-essential accumulated wealth tax, which again could be deducted from charitable contributions.

A personal education-earmarked income tax. If you give a portion of your income to a school of your choice (the school must be public in the sense that it cannot turn applicants away), you can deduct it from that tax.

A personal non-essential wealth ceiling tax. The government can confiscate all of your non-essential wealth above a certain ceiling. All you have to do to not pay that tax is to not allow yourself to surpass that ceiling, either by investing your excess personal wealth into your business, giving it away to a charity of your choice, or spending it all on perishable products and services.

 Such a ssytem would still oblige us to contribute to our communities, but give us more democratic control of how that money is to be spent.

Of course the ideas above are but examples of all the possibilities. But in principle, what would be your thoughts on such a system?

Barts

Who do you see building and maintaining the roads? Charities? Just so you know, most charities are not very efficient.

-- Doubt is not a pleasant condition, but certainty is absurd. -- Voltaire

contrarianna

Not only inefficient. Many instiutions that have "charity" status reflect anti-democratic, anti-commonweal religious and secular agendas. It amounts to robbing society to pay ideologues.

There is more than enough of that already resulting from the existing government/taxation system without destroying beneficial services further.

 

saga saga's picture

Machjo wrote:

What would you think of a social system whereby though citizens would be expected to make a contribution to their society, little money would necessarily go through inefficient government buraucracy. I'll give an few examples of how such a system might work below:

A poverty-earmarked personal income tax. If you give your money to a charity and earmark it to help the poor, you can deduct that amount from your income tax and thsu not pay that tax. If you don't give any money to charity, well then of course you pay the tax.

A non-essential accumulated wealth tax, which again could be deducted from charitable contributions.

A personal education-earmarked income tax. If you give a portion of your income to a school of your choice (the school must be public in the sense that it cannot turn applicants away), you can deduct it from that tax.

A personal non-essential wealth ceiling tax. The government can confiscate all of your non-essential wealth above a certain ceiling. All you have to do to not pay that tax is to not allow yourself to surpass that ceiling, either by investing your excess personal wealth into your business, giving it away to a charity of your choice, or spending it all on perishable products and services.

 Such a ssytem would still oblige us to contribute to our communities, but give us more democratic control of how that money is to be spent.

Of course the ideas above are but examples of all the possibilities. But in principle, what would be your thoughts on such a system?

I would not agree unless we get rid of the charitable status of churches.

 

Machjo

saga wrote:
Machjo wrote:

What would you think of a social system whereby though citizens would be expected to make a contribution to their society, little money would necessarily go through inefficient government buraucracy. I'll give an few examples of how such a system might work below:

A poverty-earmarked personal income tax. If you give your money to a charity and earmark it to help the poor, you can deduct that amount from your income tax and thsu not pay that tax. If you don't give any money to charity, well then of course you pay the tax.

A non-essential accumulated wealth tax, which again could be deducted from charitable contributions.

A personal education-earmarked income tax. If you give a portion of your income to a school of your choice (the school must be public in the sense that it cannot turn applicants away), you can deduct it from that tax.

A personal non-essential wealth ceiling tax. The government can confiscate all of your non-essential wealth above a certain ceiling. All you have to do to not pay that tax is to not allow yourself to surpass that ceiling, either by investing your excess personal wealth into your business, giving it away to a charity of your choice, or spending it all on perishable products and services.

 Such a ssytem would still oblige us to contribute to our communities, but give us more democratic control of how that money is to be spent.

Of course the ideas above are but examples of all the possibilities. But in principle, what would be your thoughts on such a system?

I would not agree unless we get rid of the charitable status of churches.

 

 

I can understand your point. But as long as the money goes to the government, then the government gives our money to the Church (what do you think the Catholic school system is?). At least with the system proposed above, you would have to give money to the Catholic school system yourself because I wouldn't.

As for our money going to undemocratic institutions, I believe that though that might happen, overall it would be going to more democratic institutions that it is going to now. It would also give the taxpayer a louder democratic voice in how his money is used, a voice we barely have today as democracy degenerates into a dictatorship of the majority.

saga saga's picture

I think the simpler solution is to get rid of Harper!

Machjo

I can empathize with that. But if we look at the trend in Canada in the last few decades, we've clearly been shifting ever further right. And even with the recession and all the talk of stimulus harper has now pounced on it as an opportunity for more military spending!

If it comes down to that, then I'd rather my money not be watsted on such projects. That being the case, I think our best strategy until the population shifts again, is to keep hrper's grubby hands off of our money.