Rethinking Taxation

Death and taxes may be inevitable in life, but this fact doesn’t excuse us from our responsibilities to handle both of these eventualities in a prudent and judicious manner. Our legal system endeavors to establish clear, cautious standards for dealing with issues of life and death—our procedure for trying a capital crime being just one example. In like manner, we should be no less deliberate with our tax policy. Citizens have never enjoyed (and probably never will enjoy) paying taxes, but if some taxation is going to be necessary, we should endeavor to find the best way to pay (and collect) taxes. Not all methods of taxation are created equally, as we will discuss in more detail in a later article.

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