Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
There can be no freedom when a government is able to confiscate the income of the working class, which is one of the reasons our Constitution PROHIBITED income tax (the other being that once income tax is imposed, government will NEVER STOP growing until the nation collapses).
If mankind was ever ruled by logical and reasonable people, government would be paid for by trade levies and tariffs (as our nation was originally), and possibly a national sales tax. Of course, a national sales tax would need to be 500% or 600% --five or six times the cost of the product or service being sold--to support the leviathan Big Government we currently have, and that would reveal just how much of an economic drain Big Government actually is.
So it is much better for the ruling classes to hide the huge cost of government by the countless taxes imposed at all three levels of government, at every step of distribution, every unit of production, every time period, and every other variable that can possibly be identified.
Yes because a government in 2014 can work effectively for free. yup. Sure.
Capital Gains tax being subject to the income tax rate?
How idiotic is that. There have been numerous studies that have shown the optimal capital gains tax is around 9%.
I don't know what the numbers should be exactly but you'll note that pretty much would be the rate for those making up to 50k. And yes, income should be taxed as income, period.
Quote:
Do you understand if the tax is too high that people will utilize other options to obtain greater gains?
The term "slave" denotes a measure of humanity, thus "bot" is a more accurate description.
Good point.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
