A wealth tax is evil (ethical, carry, money, government)

[RevelateTransform]

1. You've already been taxed on the income once = double taxation
2. Inventing a new tax where there never was one, that will never go away and will just be raised in the future. We're taxed enough already!
3. Redistribution is evil in that it penalizes success, stifles productivity and increases dependence on government, where misery prevails.

[Volobjectitarian]

Correction to title: All Taxes Are Evil.

Carry on.

[RevelateTransform]

Originally Posted by Volobjectitarian

Correction to title: All Taxes Are Evil.

Carry on.

I like that more!! But we're picking battles here

[Frank DeForrest]

Originally Posted by Volobjectitarian

Correction to title: All Taxes Are Evil.

Carry on.

Beat me to it

Theft is evil and all taxation is theft.

[msgsing]

Soak the rich. Soak the rich

[Roboteer]

Originally Posted by RevelateTransform

Redistribution is evil in that it penalizes success, stifles productivity and increases dependence on government, where misery prevails.

BTW, it's unconstitutional.

Anybody care about that?

[rjshae]

Deficit spending is unethical as it robs money from our grandkids. Taxes need to match the expenditures. But where is the money going to come from? The bottom 80% own 7% of the nations wealth. Ergo, most of the tax income needs to come from the top 20%.

[workingclasshero]

Originally Posted by rjshae

Deficit spending is unethical as it robs money from our grandkids. Taxes need to match the expenditures. But where is the money going to come from? The bottom 80% own 7% of the nations wealth. Ergo, most of the tax income needs to come from the top 20%.

you mention two different things...income -vs- wealth


you cant have a wealth tax... what is wealth ..accumulated assets


so you are going to tax (additional ) on someones house?? annually?? that will cause a housing bust big time


...what is the value of a painting by Picasso ...how do you tax that, how does someone get to take a percentage of the painting...will the government tear it up into little pieces??




even taxing income is not accurate, since a good portion of income is never reported


tax spending...a federal consumption tax INPLACE/INSTEAD of income/corporate/estate/sin taxes

[remco67]

Originally Posted by msgsing

Soak the rich. Soak the rich

Don't forgot anybody richer then me is Rich

[RevelateTransform]

Originally Posted by rjshae

Deficit spending is unethical as it robs money from our grandkids. Taxes need to match the expenditures. But where is the money going to come from? The bottom 80% own 7% of the nations wealth. Ergo, most of the tax income needs to come from the top 20%.

Trim government down to what it does well and should only do:

1. National security
2. Roads & basic shared infrastructure
3. Police/fire
4. Sound currency
5. Courts

Get rid of the rest and government could be funded with tiny taxes. The private sector performs all other functions far better.