Tag Archives: finance

A New Tax System: Introduction

With nearly every election and federal budget delivery comes with a renewed campaign to overhaul the tax system. Some highly paid bureaucrat will publish a report with his name as the title, recommending a bunch of complex changes to “improve” the tax system. Up pop catchy new names for these new taxes. Deficit Tax. Carbon Tax. Yet Another Tax. Yet another special case of revenue collection with its own peculiarities to administer. Let’s not do this. The tax system is a dog’s breakfast. Continue reading