My latest book is now available for FREE download in PDF form at:
http://tinyurl.com/ceuefh
The book title is:
Economic Optimalism
Marxism or Capitalism? I say Optimalism
Economic Optimalism represents the hope for a prosperous and just society.
The book explains as simply as possible, the concept of Economic Optimalism, a new approach to government, not to the right or the left, but based on facts, science, logic, experience and truth, for the optimal benefit of the governed.
Optimalism represents the hope for a more informed, resourceful, reality-controlled and efficient government to allow for a prosperous and just society.
It can help reduce the struggle between “left” and “right” by stabilizing and optimizing budget figures.
- For the “left”, optimalism guarantees the highest possible funding for social programs and a required level of investment in government.
- For the “right”, optimalism guarantees the lowest possible taxation level and a limit to the growth of government.
The book also touches on some very recent economic issues, such as the effect of governments stimulating the economy.
Happy reading!
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1 comment:
Interesting book with lots of great ideas. Letting the economists, rather than politicians to set the optimum amount of taxation - that's a concept long overdue. And the suggested optimum rate (16% to 23% according to various opinions) - that's a significant relief compared to the status-quo which is 33.3% tax to GDP ratio.
At the same time, not sure if economic optimalism will actually allow us to get rid of income tax. The problem is that the resulting sales tax would be just too high. If 1 percentage point of the GST brings in revenue equal to ~0.33% of the GDP, we'll need a tax of 50% to 70% to raise the optimum amount of taxes (16% to 23%) through GST alone.
So, unless similar policies are adopted in the US, a sales tax that high will encourage most Canadians to shop across the border. (Plus, we'll need a special mechanism to charge the new VAT for online purchases.)
P.S. Here's my article on whether or not we can get rid of the income taxes. Note that the numbers posted in there refer to replacing personal income tax alone, not including corporate taxes and property taxes. With those two factored in we are looking at about 70% GST in the best case scenario.
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