The Case for 0% Taxation
Most Libertarians agree with the fact that taxation is theft, but many also agree that taxation is a ‘necessary evil’ - this is where I differ to most other Libertarians.
I believe that taxation is theft, and I acknowledge that it, in fact, is not a ‘necessary evil’, but rather a burden on the ‘common man’ and the economy.
Taxation is a form of compulsory fiscal assistance to the Government from the people and corporations, and there is no choice of as to whether or not you should pay this form of fiscal assistance - it is 100% mandatory, and refusal to pay it usually results in prosecution by the Government.
Economically, taxation is negative simply because it robs the individual and the corporation of (usually) a large percentage of their wage. This means that individuals no longer have as much money to become consumers, and that corporations no longer have as much money to expand on their activities, or to increase the wages of their workers through trickle down economics. Without taxation, the reverse would be permitted, leaving room fiscally for expansion and economic growth, both of which are positive for the economy.
Socially, taxation is also negative, and this is simply because individuals no longer have as much money to buy the things that they want - meaning that an increase in the quality of life is stalled and may actually be reversed, making individuals generally worse off.
However, there are of course arguments to this - what about public services such as the NHS? Schools? The protection services and military? Well, put simply, you privatise them.
Privatisation is the miracle for our economy - through the traditional movements of the free market, privatisation will decrease prices and increase the quality of the service; and the best part about privatisation is CHOICE. With taxation, individuals do NOT have that option to CHOOSE, and instead are FORCED to pay for public services that are usually awful, such as the NHS - or even worse, they may not even use the service, but are still forced to pay up.
CONTINUED IN COMMENTS
Politicians are not stupid. They know this.
Taxation is far more about power and control than it is about revenue, and allowing rates to go DOWN and revenues to go UP for too long would indicate to the people that anyone voting for tax increases(and by implication, lower revenues) is not actually looking out for the best interests of the nation.
Remember that the incentive structure for the average politician is election and re-election... "taxing the rich" tends to get votes from people who don't understand economics.