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And when they run out of rich people.. they’ll come for yours.
Sorry, but they already came for us. We've been paying a wealth tax on most of our NW, but somehow they're trying to convince us that it's fine to give the rich an exemption to that.
That's a local tax that funds local government services: police, fire dept, schools, public works, etc. But I agree, local taxes should not be based on the value of one's property, there should just be a capitation tax. Everyone shares the costs equally to fund local government services. I think the Fed Gov should tax the same way, every man, woman and child is each charged an equal cost to pay for government services.
Shouldn't the poor people pay more? They consume a disproportionally higher amount of police, fire dept., schools, etc.
Yup. Those people would never understand that though. The communists will never stop until everybody is equally rich/poor or dead.
Being rich is a comparable concept.
A person with $1 is rich compared to a person with $0.
Actually, it's not.
I mean, current narrative in the USA is exactly what you stated, but it is absolutely incorrect.
There is very simple definition applicable to any country and level of wealth:
Rich is a person who can live off his wealth without working a single day. Another words, if your wealth (doesn't matter big or small) can provide you with a) shelter, b) food and c) clothes for indefinite lifetime, and you don't have to work to get that - you are rich.
In the current realm, taking that maximum savings APY is 0.5%, minimum cost for a shelter is ~$1000 basically everywhere, minimum food is ~$200/mo and minimum clothes are about ~$100/mo, we can say that currently person in the USA is rich if s/he has about $3,130,000 in the savings account (that's if no tax has been applied to capital gains).
In a different country this amount would be different, of course.
If you have to work to live your life, you are not rich even if you make million dollars a day.
As you can see, this is very firm and concrete boundary.
Shouldn't the poor people pay more? They consume a disproportionally higher amount of police, fire dept., schools, etc.
That's true. If we had user fees (and we should) instead of taxes, poor people would pay more since they use a disproportionately high amount of the services. The concept of paying for what one actually uses is fair to all.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by InformedConsent
That's true. If we had user fees (and we should) instead of taxes, poor people would pay more since they use a disproportionately high amount of the services. The concept of paying for what one actually uses is fair to all.
No it isn't. You would bleed the working poor of what little money they have That's not right or just
That's true. If we had user fees (and we should) instead of taxes, poor people would pay more since they use a disproportionately high amount of the services. The concept of paying for what one actually uses is fair to all.
Of course it is the most fair. You pay for what you use.
That's true. If we had user fees (and we should) instead of taxes, poor people would pay more since they use a disproportionately high amount of the services. The concept of paying for what one actually uses is fair to all.
and this should be applied at all levels
on the local level of paying for what you use...
on the federal level paying a tax on what you spend instead of what you earn
and even in the min wage argument … pay for performance..not some government set floor
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