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Insult noted.
My first disagreement is in your definition of harmful. Harmful to the worker or harmful to the country? Income tax is most reliable, this least harmful.
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harmful to the worker and the country.
either way the worker will pay. some where in the supply chain.
and depends on where you are shifting the burden.
is the country considered all the rich folk
or is the country considered for the people in general.
if you say it is only for rich income tax is fine because rich pay mostly no income tax as a % because they make capital gains.
and they have loopholes.
this makes sales/property tax the fairest of them all.
stupid poor people think it would hurt them though
Sorry but seems some people want income tax no matter what.
so I need to drill it into you what you are actually asking for.
And reliable does not mean efficient. reliable for stealing from which class of citizens?
the most reliable is taken from the middle class.
poor people keep saying they are taxing the rich when they are not.
they are taxing the middle class first.
repeat
then the rich hold it in off shore accounts. therefore the efficiency is stealing from the MIDDLE CLASS again not the Rich.
repeat
thus income tax = taxation of middle class not rich
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Also false. A capital gain is income tax. It just is taxed at a lower rate for a misguided reason.
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agreed but the reason is to let rich people off the hook because the elites make most of their money from capital gains.
that's their income. but since the rich and lawyers classify it as such I am using their definition of different income streams.
that is their loop hole after all.
and they are fighting to keep it open. that is the rich/elites fault not mine.
and poor people keep on complaining to increase income taxes on the rich except they raise their own tax rates.
some poor people are just stupid.
and I will keep on repeating that mantra until poor people realize that they are increasing taxes on themselves.
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No, income tax directly targets the upper middle class (top 10% or so). The average family on a middle class income ($50,000 median) isn't pay much in income tax. The middle class is hurt the most by property tax.
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false.
payroll taxes increased.
your propaganda needs work.
income taxes do not hurt upper middle or rich at all
most of their gains are from bonuses or property gains.
you could say especially the ultra wealthy their wealth are capital gains/bonuses/property value increases
middle class people at 50k do NOT HAVE much PROPERTY sorry I don't know where you live
but if you work your biggest expense = income tax.
You have no property until/unless you are old.
most people RENT.
especially in the states.
people that own property are in the mid west or country side.
people in the city are renters not owners, they need to find jobs after all.
once they work for 5 years at least then they look to buy a home.
fact is not that many people own a home right now.
this nation went back to renting SORRY ABOUT THAT.
fact is middle class do not OWN. they RENT.
upper middle class and rich own houses not rent.
middle class might own as well because they think they can afford 10x their income on a 500k home when they make 50k.
but then fail and file for bankruptcy.
then they cannot find a job because they cannot move.
so then they turn into poor folk.
thus income tax does NOT directly hit the rich/upper middle
property tax does
upper middle might be a doctor though. where they make a whole lot of income and may be able to afford a to buy instead of rent.
this is where you proved my point
property tax hurts rich/upper middle most
Income tax touches and hurts middle class the most
also since when did people consider 80k rich?
UM NO inflation is 50-100% since 2008 now.
80k is actually 40k-50k in 2008. at least.
people keep forgetting to calculate M0-M1 numbers.