Monday, October 13, 2014

The Morality of the CUT Tax

I run into this argument all the time. All taxes are theft. This is a broad generalization that does hold truth because of the way taxes are configured. Most taxes are imposed through threat and upheld through force of law.

I have built the concept of the CUT Tax through the concept that government is giving you a good or service in return for the fee they charge for this service. However, you wonder what service they are giving you, and would I want this service?

The answer to that is simple. They provide a stable form of barter. Well hopefully, the consequences of mismanaging this form of barter is the same as any business. If mismanaged they go bankrupt.

Yes, they have created tax schemes that forces them to enforce their monopoly on currency, through the force of laws.

However, currency is a valid product that can be created and upheld through the rational forces of self-interest. The only trick is to create a system where the cost does not exceed the market place and is valued because of the benefits it affords the user.


I see the CUT Tax as a possible solution to this balance. It offers the acquisition of this commodity at a flat and reasonable fee. If the fee ever exceeds it market value the individual is free to pursue either direct barter, function on a cash only basis, or turn to other forms of currency offered locally and abroad. This would create a market driven limit on the size of fee they can charge. Credit cards already offer this service through their use. They give merchants and consumers a stable format in which to facilitate transactions in an efficient manner. Why not treat our currency in the same form?

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