Why Taxation Matters

Fair taxation doesn’t aim to equalize outcomes—it ensures a fair start in life. When designed well, it gives young people access to housing, healthcare, and education without leaving families solely dependent on inheritance or luck.

A poorly designed system, however, erodes fairness and fuels economic unfairness—where effort no longer matches reward. This creates the conditions for political instability and falling social mobility.

The challenge is not to design a “perfect” system, but to design one that minimizes harm and maximizes fairness. Taxes should work for the majority, not just the wealthy few. In developed societies, unfairness exists where there is too much focus on the maximisation of wealth, or, conversely, where aggressive redistribution to enforce equal outcomes creates a situation in which reward does not depend on effort anymore. When it comes to quality of life, radical individualism and reliance on market solutions alone will always fall short. Problems like healthcare, education, infrastructure, and climate change are too complex and interconnected for any one person — or even the free market — to solve by itself. That’s why societies build public institutions: so that when everyone contributes a little, we can create services and systems that benefit us all. The key is accountability — ensuring these institutions are transparent and effective, so people continue to trust in collective cooperation as the best path to improving lives. With a robust and strong public infrastructure in place, enterprise and the market can step in and innovate.