Even if you’re a moderate Hayek-Friedman pro-welfare-state libertarian who does not think taxation or inflation are indistinguishable from theft, it’s still impossible to convince most liberals of this:
- It’s best to just maximize growth rates, pre-tax distribution be damned, and then fund wicked-good social insurance with huge revenues from an optimal tax scheme.
It’s not even clear to me what’s especially libertarian about this. It’s sorta just anodyne welfare-state liberalism plus economics. I’d be elated to get just this. When a not insignificant group of liberals start saying, “Of course! Of course this is what we should do!” then I’ll feel we’re really cooking with gas, and I won’t care what we call it.
- Use incentives to encourage employment.
- Kill minimum wages, use flat taxes, and structure welfare like an upside-down N. Very little if you're not working...but as you work more, your welfare payments go UP with your income. Somewhere ($50K?), it reverses direction, and slowy fades to 0 near 50K. Ditch-digging for welfare eligibity. Especially work to kill bad marginal tax rates.
- Use incentives to encourage marriage & age-appropriate childrearing.
- Flat tax rate, no deductions, except an increasing per-person deduction. 1st person, $5000...2nd person $6000...3rd person $7000. Include seniors. Stop throwing all black men in prison for drug crimes. No money for dependents if you're under 18.
- Use incentives to discourage criminality
- Panopticon in public, with automatic, immediate, physical punishment and reparations. Computers should write the arrest warrants.