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December 2011 Archives

Dissecting Taxation - Part 2

In part one of this topic, I attempted to analyze some of the psychology behind the payment of individual income taxes. In summary, the "rub" boils down to resentment and class envy.  In other words, the Liberal argument is, "You make more, you should pay more."  The Conservative argument is, "I shouldn't have to pay more until you either pay some or cut back your spending."

Dissecting Taxation - Part 1

Before one can really gripe about a tax, he or she must understand what a tax is. According to Wikipedia (Yes, I know that's not really an authoritative source, but bear with me!), a tax is defined as:
"To tax (from the Latin taxo; "I estimate") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law.

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