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Pros And Cons Of A Progressive Tax

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A Bold Alternative Tax/How dare you mess with my tax system? Let the rich keep their money. Tax it when they spend it. Let the poor join in! The modern public finance systems, from the most local of governments to the worldwide international system of income taxation, are parasitic in nature. The label fits when government abuses it power to tax to affect an ideological outcome. Progressivism by its very nature has demonstrated this. The American income and estate tax were drafted as a tool to cure social injustices and redistribute wealth . The tax systems in place are largely unfair and inefficient from both and micro and macroeconomic point of view. The collection and compliance practices often resemble racketeering gimmicks. Local sales …show more content…

Progressive taxation as it has come to be known reset the very structure of society by creating a non constitutional societal control mechanism that coerces citizen behavior by economic penalties and perks that could not have been foreseen by the framers of the constitution. Hull’s profession of progressive motives in drafting the tax law, makes it clear, almost 100 years later, that the tax system was moreover used as a smoke screen for the advancement and solidification of progressive ideology rather than as a pure public finance devise. Indeed, the income tax and the estate tax are the most powerful of passive tools that enable progressives to confiscate wealth and socially engineer citizens and their economic endeavors to advance a form of benign Social Darwinism clearly not the intent of framers of the …show more content…

Unfortunately, progressive factions continue to focus more on demonizing the accumulation of wealth rather than on the evaluation of the socialist’s ideology propagated through the taxation system itself. In other words, the class warfare which is a socialist trait is more important than benefit they are trying to achieve. The assessment of the positive effect is nonexistent and there is no rubric that even tries to demonstrate any social achievement other than the perpetuation of a welfare

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