A Tax Hike and a Tax Cut
Thursday, March 02, 2006 :::
So the legislature has approved a bill that will apply a flat tax to all manner of phone and video services. For some, it will be the biggest tax hike in their (personal) history. For others, it may actually be a hefty tax cut.
I'm not keen on the state latching onto every new service that technology can provide. After all, the power to tax is the power to destroy, if not ration. But in this case, the benefits of a flat tax that also rationalizes the tax burden may outweigh the costs imposed on some.
Once again, I place my Flat Earth Society membership in jeopardy.
But I will add that the state should not tax these items at all. Government is a free rider in this matter -- taxing items and services it does not provide, does not maintain and does not invest in (which extends to a multiplicity of other areas, too...but I'd zap them as well. Yes, I pine for the days of the Whiskey Rebellion).
::: posted by Norman Leahy at 3/02/2006