Comments on: Sources of State Revenue 2009 http://visualizingeconomics.com/2010/02/17/sources-of-state-revenue-2009/ Sun, 05 Feb 2012 17:17:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Michael Foster http://visualizingeconomics.com/2010/02/17/sources-of-state-revenue-2009/comment-page-1/#comment-1352 Michael Foster Tue, 27 Sep 2011 21:34:00 +0000 http://www.visualizingeconomics.com/?p=679#comment-1352 It's clear from this chart that corporate taxes are too low most places. It’s clear from this chart that corporate taxes are too low most places.

]]> By: david christoph http://visualizingeconomics.com/2010/02/17/sources-of-state-revenue-2009/comment-page-1/#comment-1119 david christoph Wed, 20 Apr 2011 17:51:00 +0000 http://www.visualizingeconomics.com/?p=679#comment-1119 I would rather see the revenue sources sorted thus: 1) licences and user fees 2) specific sales taxes 3) general sales taxes 4) corporate income taxes 5) individual income taxes 6) property taxes 7) inheritance taxes (not included ?!) ... preferring to see the most % revenue from the former and the least from the latter. Ideally, income taxes and property/inheritance taxes should be ZERO. Such a revenue structure would better incentivize capital accumulation (savings) and disincentivize capital consumption. I would rather see the revenue sources sorted thus:
1) licences and user fees
2) specific sales taxes
3) general sales taxes
4) corporate income taxes
5) individual income taxes
6) property taxes
7) inheritance taxes (not included ?!)

… preferring to see the most % revenue from the former and the least from the latter.
Ideally, income taxes and property/inheritance taxes should be ZERO.

Such a revenue structure would better incentivize capital accumulation (savings) and disincentivize capital consumption.

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