Your Voice Matters – #3 A History of Taxation and the Evolution of Wealth
By Barrie Clulow
(The illusion and the reality )
There are those who feel taxes that benefit society as a whole, like education and other regional services that benefit society in general, should come entirely from income tax not property tax. Today we examine the historical trajectory of taxation from its origins in the physical labor of the Ancient world to the digital wealth management of the 21st century. It explores the transition of tax bases from "tangible" property to "intangible" income and the ideological shift from collective survival to social engineering. Finally, it addresses the contemporary challenges of tax havens and the ongoing debate between taxing the flow of income versus the stock of wealth in a globalized economy. I - The Genesis of the Social Contract: Labor and Grain: The earliest forms of taxation were root...
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