The more I work and earn a living the more aware I've become of our flawed tax code. It is too complicated and is terribly detrimental to a healthy economy. Over the last year, I've had intense, often heated, sometimes rambling debates with my infinitely patient friend Zach over a new system of taxation that he shared with me one fine day. While initially skeptical of such a radical approach, I couldn't deny its advantages and potential to enact positive change. Furthermore, I found it delightfully elegant in design, being both simple and effective. During these debates, we explored the initial idea from different angles, walked down philosophical paths and along the way refined and honed it into something concrete. Without further ado, here's a link to a write-up and related blog, which is a work in progress:
Root Tax
If you read it and have feedback, please let me know, as its purpose is to extend what has until now been a debate among only a few to vastly more. I studied economics in college but am far from an expert in tax theory. Many extremely intelligent people I've shared this with have hated the idea, including my father whom I have immeasurable respect for and who usually shares my economic stance. Nevertheless I have yet to be convinced by any of the arguments from its opposition and over time, as I've gained understanding, I've only become more intrigued, fascinated, and pleased with it.
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