“Real wages rose by 50 percent and the portion of the population in acute poverty fell from 50 to 15 percent.” Although not exactly the economy I would plan–they have light income tax and no sales tax–Hong Kong nevertheless remains the exemplar of free-market economics in the world today. Especially when compared to it’s Socialist …
Tag Archives: income tax
Yet Another Income Tax Suggestion
As we all know, my only real suggestion for income taxes is FAIRTax. Because the so-called “income tax” is not a legitimate tax at all, and should be abolished. My second suggestion is that, if EARNINGS CONFISCATION (let’s call it what it really is) is going to continue, that payday deductions cease. The entire amount …