A Moral Argument for Taxation
Taxation has been part of the economic system since ancient times. Every country has some sort of taxation system. Tax is one of the biggest sources of revenue for governments. However, despite the ubiquity of tax, it has been criticized by many, especially libertarians. Socialists, on the other hand, consider the taxation system as an equalizer; for redistribution of wealth. However, this essay does not echo the already existing literature on the redistribution of the wealth factor of the taxation system. Rather, as the title suggests, it makes a moral argument for taxation. To understand the moral side of taxation, we need to first understand the most common arguments for and against taxation. FOR and AGAINST The most popular arguments made FOR tax are- redistribution of wealth, the wealthy need to give back to society and wealthy anyway have a lot of money to spare. On the other hand, libertarians claim that taxation is theft and government by...