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Arguing for a New Form of Taxation: Lifetime Hourly Averaging
Author(s) -
Bamford Douglas
Publication year - 2018
Publication title -
journal of applied philosophy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.339
H-Index - 30
eISSN - 1468-5930
pISSN - 0264-3758
DOI - 10.1111/japp.12195
Subject(s) - distributive property , argument (complex analysis) , economics , law and economics , distributive justice , public economics , positive economics , tax policy , microeconomics , economic justice , mathematics , tax reform , biochemistry , chemistry , pure mathematics
This article presents an argument for a new form of tax calculation. Firstly it is argued that Hypothetical Insurance is the best method to determine the correct type of distributive policies and the precise amounts that should be redistributed. Hourly averaging is then presented as a new candidate policy for both assisting the less economically fortunate and taxing the more economically fortunate. The article then argues that hourly averaging compares favourably against rival policies as a hypothetical insurance choice.