Libertarians generally advocate for limited taxation because they believe that individuals have the right to keep the fruits of their labor and that excessive taxation is a form of government coercion.
From a libertarian perspective, taxes are necessary to fund basic government functions such as national defense and the administration of justice, but beyond that, they are a form of government interference in the economy and individual freedom.
Libertarians believe that individuals have the right to keep the money they earn, and that the government should not be able to take a large portion of their income through taxes.
Additionally, libertarians argue that high taxes can discourage economic growth by reducing incentives for individuals and businesses to invest, save, and innovate. They believe that low taxes and limited government intervention in the economy will lead to greater prosperity for all.
Some libertarians advocate for a flat tax, which would apply the same tax rate to all individuals regardless of their income level, while others advocate for a consumption tax or no tax at all. They argue that a consumption tax would be less intrusive than an income tax and would encourage individuals to save and invest rather than consume.
Overall, libertarians view taxes as a necessary evil, but advocate for limited taxation to protect individual freedom and promote economic growth. They believe that taxes should be used to fund only essential government functions and that the tax burden should be distributed fairly across all individuals.