Do We Need Taxes Much as We Do?

An ARCO capitalism is an amazing theory to explore, but most of the time you manage to work your way back to the status quo. The best tool these governments have available to them to raise revenue is taxes. Do we need taxes much as we do? Well no, maybe not. Are there better taxes to levy in smarter ways? Almost definitely,. But do we need taxes? Well, they are the worst possible solution, apart from all of the alternatives.