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Pure Capitalism
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Below is one of our free research papers on Pure Capitalism. If the term paper below is not exactly what you're looking for, you can search our essay database for other topics.
Pure Capitalism
My idea of the perfect government could be called “Pure Capitalism”. It is based on survival of the fittest and not all people are created equal. To explain this government I will compare it to our current system. The biggest concept is that the people have complete control of most all economic conditions. Taxes: I do not believe in an income tax, I want to choose what I do with my money. Income in my view is a form of double taxation. To make up for the loss of no income tax, the sales taxes would be increased, not only would this allow people to have more control over there money it would virtually eliminate tax fraud. The sales tax could not tax food intended for consumption, clothing, or other Basic necessities of life. On average products the rate would be a flat percentage rate, and on products considered luxiourus the rate would be exponential, much like our current income tax system. A new administration would be formed to control the rates and stop double taxation. The inheritance tax would be abolished, if I want to work hard my life, throw all of my money in the bank, and leave it to my kids so that they can sit around doing nothing till the day they die, I shouldn’t have to pay for politicians to do sit around there whole life too. Welfare: The current welfare program pisses me off. In pure capitalism there would be a one year minimum for basic welfare, after that, all you get is a big “good luck!, no one ever said life was fair”. If...
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