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Re:Georgism by oDot on Sunday May 17, 2020 @05:34PM (#23215689)
> Because it helps align incentives. You can have a 7% tax on sales, or a 5% tax on sales plus a 2% tax based on a noisy correlate. The latter will raise more revenue at a lower excess cost.

I see. Well we seems to have different goals. As I see it, government is mostly good at destroying wealth, and so I aim to minimize their revenue.

> That would make it a tax on revenue, which is quite distortionary indeed and generally considered a last-resort. (Or you could have a VAT, where all entities pay but tax paid on non-final sales is refunded. VATs are quite good but not totally free of this kind of gaming.)

I am essentially suggesting a non-refundable, uniform VAT

Re:Georgism by zozbot234 on Sunday May 17, 2020 @05:37PM (#23215718)
> As I see it, government is mostly good at destroying wealth, and so I aim to minimize their revenue.

The "excess cost" I was referring to is precisely a matter of destroying wealth. It's all well and good to limit government involvement in the economy but clearly, whatever revenue it does collect should be collected efficiently.