Most people think there's no getting around it: We have to pay taxes.
But governments struggle to determine how much money to collect, how to collect it, where to collect it, and who will collect it. Even worse, citizens who cannot pay for tax advice--including teachers, nurses, and other high-value citizens--often carry the largest tax burden.
Dr. Niaz Ahmad Khan F.R.C.S., Ph.D., makes the case that while a world without taxes may seem like a pipe dream, it's within our power to create. Focusing on Singapore, he explains how a mutual benefit bond system would allow nations to abolish taxes, fund initiatives, create incentives for rich and poor citizens, promote sensible public and private investments, and eliminate poverty.
While Singapore is used as an example, the principles the author outlines could be used to eliminate taxes, create wealth, and improve the quality of life throughout the globe.
People may laugh at the idea of a tax-free world, but they also laughed at the notion of sending astronauts to the moon, splitting the atom, and curing diseases. Open your mind to a world of possibilities with A Haven On Earth: Singapore Economy Without Duties and Taxes.