Tax Choice
Supporters of tax choice believe that taxpayers should have more of a say how their taxes are spent in the public sector. If taxpayers could choose which government organizations they gave their taxes to then their opportunity cost decisions would integrate their partial knowledge. For example, a taxpayer who spent more of his taxes on public education would have less money to spend on public healthcare. Allowing taxpayers to demonstrate their preferences would help ensure that the government succeeds at efficiently producing the public goods that taxpayers truly value.
Read more about this topic: Tax Reform
Famous quotes containing the words tax and/or choice:
“I come into the peace of wild things
who do not tax their lives with forethought
of grief.”
—Wendell Berry (b. 1934)
“By choice they made themselves immune
To pity and whatever moans in man
Before the last sea and the hapless stars;
Whatever mourns when many leave these shores;
Whatever shares
The eternal reciprocity of tears.”
—Wilfred Owen (1893–1918)