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Taxation
A tax (from the Latin taxo) is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures.[1] A failure to pay, or evasion of or resistance to taxation, is usually punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. Most countries have a tax system in place to pay for public/common/agreed national needs and government functions: some levy a flat percentage rate of taxation on personal annual income, some on a scale b
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“
I am conscious that an equal division of property is impracticable. But the consequences of this enormous inequality [in Europe] producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property,...[One] means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise.
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If the bulk of the public were really convinced of the illegitimacy of the State, if it were convinced that the State is nothing more nor less than a bandit gang writ large, then the State would soon collapse to take on no more status or breadth of existence than another Mafia gang.
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― The Ethics of Liberty
― The Ethics of Liberty
Study and discussion of the important questions of ethical and political philosophy from Confuci…more
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Kellub where we read ketab. Aiming for at least 1 per month.
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A forum to read and discuss The Taxation of Private Corporations and Their Shareholders (https:/…more
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A group of friends who don't want to pay a grubby adviser for financial advice. …more
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