RE: Capitalism Vs. Communism - Why is there even a competition?
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What is the "Fair Tax" on this spectrum? It gives everybody the calculated stipend for living, no income tax, and taxes what you consume (I heard it called thr "prebate"). Therefore, people can decide to be poor and alive, or they can earn money knowing they keep every dime of it unless they decide to live larger. They can also decide to save until they are ready to take a risk, still mitigated by their stipend.
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There is no "fair tax". Taxes are one of the worst ways to do anything. After stealing someone's money, or threatening their lives for that money, whatever you do with it is already less than desirable.
If you own a home, than you are set for a place to sleep. But, if you put property tax on that place, then if you do not make enough money, your house is gone. You have to start moving fast enough just to stay still.
If you are talking about "wealth redistribution" because the income disparity is not fair, then we are talking about envy, and that leads to bad results.
Sorry, I thought it was more widely known. I am talking about https://fairtax.org . This has been a US House of Repesentatives bill that, usually filed first as HR-1, has never, to my knowledge, got out of committee for a vote in 10 years or so. Lost some traction when the creator of it passed away, but I see there are current posts on their web site.
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