Sunday, 17 July 2011

Democracy and taxation

The condemnation of benefit fraud and tax avoidance obscures a difference. Benefit cheats make fraudulent claims upon the earnings of others. Tax avoiders use legitimate means to retain their own earnings. The greater the amount the state attempts to take in taxation, the more resources are directed to rent-seeking and tax avoidance.

Read the full blog post here

Source: http://www.iea.org.uk/blog/democracy-and-taxation

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