Hypothesis: United and Universal Taxation Policy

Tax means a ‘compulsory contribution’ to state revenue, imposed by the government towards workers’ income, business profits or on goods and services.

This concept is prevailing since the ancient times.

Not much has changed, other than creation of ‘alternative’ ways for imposing taxation.

In today’s era, taxation is the main source of state revenue. For the better collection of tax from various fields, the governments creates ‘taxation polices’.

These policies have separate motives in different countries, so polices between countries is very much unlikely to be same.

Taxation Policies are the result of Politics, Diplomatic Affairs, Economic Development, Government Expenditures, etc.
Main motive around taxation is to provide ‘state revenue’ which is further utilized as ‘state expenditure’.

The taxation is collected through various policies established by the government.

Policies can be very different around the globe as no country has same problems or same motives.

There is‘diversity’ in taxation policies among countries.

“Diverse Taxation Policies” causes different tax rates can cause a ‘fluctuating market’ in the global economy.

Taxation plays a big role in controlling the market (economy).

This causes the creation of ‘tax havens’ which causes the complication of ‘tax evasion’.

But……….

What if this diversity (in tax) doesn’t exist and there is a ‘United and Universal Taxation’?

United in the sense that a country has ‘similar formalities’ with the countries it has interest in.
This ‘united’ sense has been implemented in ASEAN and EU (these are some popular examples).

Liable model for ‘united’ taxation is from AEC (ASEAN Economic Community), which has established “tax harmonization” among ASEAN countries.

This policy made free flow of trade and commerce possible among the member countries without any ‘diplomatic drawback’.

It has tightened the ties between the ASEAN countries.
ASEAN is the best example of ‘Brotherhood on Taxation.’

If this ‘united’ sense is applied universally, without any prejudice towards particular country (or countries) then the taxation can be simplified and there will be no ‘diplomatic hindrance’ towards the trade and commerce between the countries.

‘Global Peace’ can be possible and ‘utopian’ world can become a possibility.