No taxes. But inheritance income is not allowed. One may buy his ancestoral property from government - may be as a long term loan.
My definition of Money: The accounted goodness one did to others/society. Evaluation of the goodness is done by the person who recieves it.
Government now will have lots of wealth, which has to be distributed to equally to everybody as a pension scheme which starts from voting age - 18. If kids are of age less than 25 then they can still own the inherited assets in a restricted way. After 25, if they wants to keep it they have to take loan and pay its price.
Free market is important because it gives maximum accountability to one's actions.
Equal distribution is important because it gives everybody equal chance to prove how much good they can do to society.
Disadvantages
- implementation
- does not speak about charity
test 2
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ReplyDelete"One may buy his ancestoral property from government - may be as a long term loan"
Here in Kingdom it is like that. All land owned by Govt. (King) and then giving on long term lease to others. Based on this, they have the right to mortgage and sell or transfer the title deed to another person. So the effect is same, no? Infact I dont know exactly what the Sahria'h law. This law is very interesting and sometimes a new approach to present situation.