What type of and how much taxation is acceptable?Submitted by ajackson1912 on Wed, 06/27/2012 - 17:23
I was reading an article at Mises.org today by Murray Rothbard, in which he examines the relative (de)merits of the income and consumption taxes. (it can be read here: http://mises.org/daily/1768/The-Consumption-Tax-A-Critique)
Which got me thinking, what are Ron Paul's thoughts on the appropriate amount and type of taxation? I know he is against the income tax but does he think there is a better alternative, or that all public works should be privately owned and there should be no taxes if possible? Does he believe all taxing should be done at the Federal level or left to the states?
I think most people here will agree that taxes should be as low as possible but that some level of taxation is necessary (as I do), but I am not sure which type of tax is least destructive to the economy and least distorts market forces.
What are your thoughts?