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Update 03-1-taxation.md

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wellspringcp
2020-10-08 02:00:55 +11:00
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03-treasury-and-taxation/03-1-taxation.md
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@@ -12,7 +12,7 @@ In addition, as explicit prohibitions for the sake of completeness:
- No taxes shall be levied on wealth instead of income. - No taxes shall be levied on wealth instead of income.
- Any politician found guilty of introducing a bill to pursue a tax on wealth shall become an outlaw after 2 hours. - Any politician found guilty of introducing a bill to pursue a tax on wealth shall become an outlaw after 2 hours.
- No taxes shall be levied on abstract entities such as "corporations", etc. - No taxes shall be levied on abstract entities such as "corporations", etc.
- This shall not be construed to prevent the legislature from creating and governing such fictional legal entities as "corporations". - This shall not be construed to prevent the legislature from creating and governing such fictional legal entities as "corporations"; they simply cannot be taxed: only individuals may be taxed.
#### Evasion: #### Evasion:
@@ -23,7 +23,7 @@ Evasion shall not be criminalized or carry criminal penalties. Notwithstanding,
### Upper limit on taxation ### Upper limit on taxation
No landlord shall be taxed more heavily than at 10% of the income generated per unit of his natureses. All taxation exceeding this shall be **unenforceable**. No landlord shall be taxed more heavily than at 10% of the income generated per unit of his natureses. All taxation exceeding this shall be **unenforceable**. There shall be no form of graduated income tax. The tax on all residents shall always be uniform.
## Incentives via tax discounts ## Incentives via tax discounts