These are the middle class who pay the invoice

Aquoi is used for tax A pay the invoice of the State and public services, but also to redistribute wealth. If, in France, the vast majority of citizens did dispute neither the need nor the legitimacy, there is no less that, for the middle classes, the taxation is unjust and lived as such.

With the generalization and the increase in the income tax, it is paradoxically the logic of the early days of the French Revolution established: "liberty, equality, property". The motto of the bourgeois is still relevant: we tax labour, not property. The France has one of the records in the matter since wages are taxed at 50 according to a study by the OECD. Result: 10 of the more affluent English hold about two-thirds of their country's wealth, the more affluent 1 about a third, and a citizen in a thousand is sometimes owner of one-tenth of the national wealth.

This taxation there is unfair because it freezes the distribution of wealth in society. The very poor pay no taxes or income, the very rich is beyond globalization and the free movement of capital. These are the middle class who pay the invoice. Blocked in their social class, they are condemned to work to survive. Citizens who not only wealth that their work force pay proportionately more tax than those who enjoy a considerable Fortune: this can only increase inequality. More importantly, this tax discourages work because it protects the haves, and sometimes hinders growth by encouraging hoarding over consumption. It is disturbing that the political parties of left and centre never seized of these issues: to be developed be afraid to frighten the rich

While Governments are faced with an exponential increase in public debt, and need, sooner or later, increase the tax burden, it is urgent to redefine the bases of tax for a redistribution of wealth more just.

First, it taxed property, the entire property and not the property of natural persons. Tax must be based on the market value of net assets, i.e. the reduced holdings of debt; It should be gradual; and subject to heritage relatively low. In some cases (including the principal residence or the tool of reasonable values), the levy may be deferred until the resale or the legal transfer of the property.

Second, the tax rates must be reasonable to the life expectancy and economic factors such as performance of the duties of State. For example, a rate between 1 and 2 would result in the erosion of a dormant capital producing no income after a period of 50 to 100 years, and would be low enough to be covered by an obligation of State interests.

Third, the tax must be global to prevent tax evasion and limit tax optimization. The efforts for the recent g-20, against countries with reduced taxation is a good sign. But to be effective, the taxation of capital requires more than tentative agreements. Term should be considered an international tax administration, with powers of investigation and seizure to monitor the situation of the wealthy citizens with assets around the world.

Ideally, the property tax should replace the various forms of income tax and to integrate the taxation on estates.

What are the foreseeable economic effects of such a reform By taxing the property instead of the revenue, it encourages productive investment and rendering less attractive the refuge values low-yield: it is positive for business. Moreover, encouraged consumption and it discourages hoarding: this is positive for the economy as it circulates more money in the workings. Finally, it actually values the work and effort: it is positive for society.

The 20th century has seen democracy overcome totalitarianism and recalled that freedom and equality are two inseparable pillars for peace and development within a country. Perhaps see the twenty-first century peoples unite to build the third pillar: that of the brotherhood. This means including the establishment of a fair and simple tax: one that redistributes the possessions and values work.