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| *Ostroff, Fair and Company>>>Other Taxes |
If there is no tax,let govt.,earns by private means,what r u views? |
If there is no tax,let govt.,earns by private means,what r u views? The wording of your question leaves a lot to be desired. The definition of private means non-government. Everything the government does is considered public. So, your question is a paradox. However, if what you are really asking is, "Should the government create it's own businesses and use the profit from those to fund the country", the answer is it does......in Cuba and now in Venezuela. It may work OK in the short term, but it ultimately fails because it discourages imagination, entrepreneurship, and private enterprises. Companies would relocate to other countries where they don't have to compete with a deep-pocketed government. Imagine the government decides to manufacture cars and you are General Motors. Your own government who oversees your business (IRS, OSHA, FTC, FCC, SEC, etc.) also is in direct competition with you and trying to take market share away from you. If you win, the government goes bankrupt. If they win, you go bankrupt. Lose - lose. What we need is less government, less handouts, more private activity. Then, we won't need as many taxes and won't run such a high deficit. NO .. Taxation for countries is a fair way to live. If the government was competing with its fellow countrymen it would not work ... |
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