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Old May 11th 05, 04:42 AM
Matt Barrow
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"Matt Whiting" wrote in message
...
The point is that we would have to have most taxes go away in order for
this to happen. If we paid no income tax at all, then we could afford
to pay quite a bit for the services that we actually need. There is no
question that government redistributes wealth in many ways. What I
don't know is what things would look like if the wealth was distributed
by a free market rather than by government.


Does it matter how it would be distributed? In any case, it would be
distributed to those who provided goods and services to people in freely
accepted transactions. The key word is "freely"...ya know, _freedom_!!

I really don't know who
benefits the most from the redistribution,


Pols, bureaucrats and those with political pull.

but given that much of
government is now involved not with providing services, but with the
redistribution process itself (IRS as one major example), which adds
zero economic value, it is an interesting thought experiment as to what
things would look like if this waste were put to use productively.


It would like like a truly "Free Country".



I agree that any transition would be painful. I was just trying to
imagine what things could look like if the services were provided more
efficiently.


Prosperity would skyrocket.

(Imagine the fellow whose parents spoiled him all his life, then tossed him
out of the house.)


Our revenue collection process now is a huge resource hog
that provides no intrinsic value.


Think of the mafia!

I can't find the source now, but I
recently saw a summary of how much money is spent simply related to
collection income taxes. This included the cost of the IRS, and all tax
preparation services such as H&R Block, tax software, tax attorneys,
CPAs, etc. The number of people and amount of money spent simply
counting and collecting taxes (and trying to avoid the same) was simply
staggering.


Not only the cost of collecting, but the bureaucratic overhead, not to
mention the Gestapo-like tactics of the collection agencies. Not to mention
the inversion of "servants" and "masters".

Think how much more competitive our economy would be if
these people were actually growing, mining or making things or doing
something else with intrinsic value.


There is no such thing as "intrinsic" value. Only value to people apply to
things.