And now I desire that this inequality should be no more in this land, especially among this my people; but I desire that this land be a land of liberty, and every man may enjoy his rights and privileges alike… (Mosiah 29:32; Book of Mormon)
There has been a lot of discussion in the political world about taxation and how the rich need to pay their “fair share” of the tax burden. I could go into a lot about the actual economic facts about the situation that show that the rich do pay far more than the rest of us. However, what I would like to focus on today is just what is a “fair tax” and how can it be implemented.
As a Libertarian, I want to reduce the total tax burden of all citizens in this nation. There is no reason we should have to pay income, sales, excise, import, inheritance, property taxes and the many more we must pay everyday. The Federal, State and Local governments place a huge burden on the people of this nation. What we really need to do is streamline the tax system and implement a fair tax. Continue reading