Tax in a Proutist Economy

By Michael Towsey

This article is intended as a contribution to a discussion on taxation in a Proutist economy. Sarkar has written little on the subject and what there is, is better understood by reference to the existing literature. As can readily be imagined, the literature is vast and detailed, having evolved over many centuries. This article attempts to distil relevant principles guided partly by Sarkar's comments and partly by common sense. The final conclusions are not concrete policy suggestions because too much depends on the time, place and circumstance in which a tax is levied. There is much to learn about taxation and the author hopes that this article offers Proutists a helpful introduction. The author also believes that the mode of argumentation required to discuss taxation policy can usefully be carried over to other areas of debate about Proutist economic policy. ..... Read More

Posted by proutist-universal on March 11, 2006 7:13 PM | TrackBack
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"In economic life there is extreme inequality and exploitation. Although colonialism no longer exists openly in the political and economic sphere, still it persists indirectly, and this should not be tolerated... In this respect you should remember that in economic life, we will have to guarantee the minimum requirements of life to one and all... There cannot be any sort of adjustment as far as this point is concerned. The minimum purchasing requirement must be guaranteed to all. Today these fundamental essentialities are not being guaranteed. Rather, people are being guided by deceptive economic ideas like outdated Marxism, which has proven ineffective in practical life and has not been successfully implemented in any corner of the world. Why do people still believe in such a theory, which has never been proved successful? The time has come for people to make a proper assessment of whether they are being misguided or not."

Shrii P. R. Sarkar

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