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z2006-02-23- Kling Tax Welfare Proposal
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Bill Seitz is a Product Manager/CTO with a track-record of bringing a business perspective to building agile product-development teams for start-ups, and is seeking a senior role in an entrepreneurial organization building disruptive Internet-driven products.
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last edited
by BillSeitz
on
Nov 8, 2008 8:34 am |
Arnold Kling proposes a Negative Income Tax that's based on a Consumption Tax, discussing where his results differ from the current Welfare State. To put it succinctly, the Welfare State makes losers out of people who want to get ahead through hard work, thrift, or education. Those are precisely the activities that produce economic growth and social wealth, and they are hit particularly hard by Welfare State redistribution. Some people think there needs to be a LandTax added, as buying land typically doesn't count as consumption.
Bill Seitz, fluxent at gmail dot com, Weblog