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 have no doubt that it was a principle they fought for, as much as our ancestors, and not to avoid a three-penny tax on their tea; and the results of this battle will be as important and memorable to those whom it concerns as those of the battle of Bunker Hill, at least.”
—Henry David Thoreau (1817–1862)
“The majority of persons choose their wives with as little prudence as they eat. They see a trull with nothing else to recommend her but a pair of thighs and choice hunkers, and so smart to void their seed that they marry her at once. They imagine they can live in marvelous contentment with handsome feet and ambrosial buttocks. Most men are accredited fools shortly after they leave the womb.”
—Edward Dahlberg (1900–1977)