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Free trade from tariffs : Comments
By David Leyonhjelm, published 12/1/2015Many believe we now only have tariffs on cars and clothing. In fact, we impose tariffs on nearly all categories of imported products, in an absurd and scattergun way.
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<<Why don't we have an honesty system for Income tax as well.>>
Indeed, why not!?
To make it attractive, there should be a choice as to the areas of expenditure into which the tax goes, essentially a long list of default percentages which those who care can move to other items.
Even the most conscientious can find areas in which tax money does good, to replace those areas they do not agree with, thus the savings in ATO personnel will outweigh the loss from dishonest people.