Topic: Food for Thought: Nature of Justice & Why nations were formed - page 2. (Read 1670 times)

First off, just saying Economics Rule does mean anything.   

Yes I see this sort of tax structure beneficial to the economy as society.  It will build a sound foundation to grow upon.  It will also be beneficial for society because it will not create major imbalances that create social discontent that if left unchecked will hamper economic activity.   

Maybe you forgot that society and the economy have to work together to create a quality environment. 

Economics rule#1: Incentives work. Yes, people will still do these things. But they will do them less often then without the tax structures.

I say again, do you see this as beneficial to the economy?

You make it seem that people would not engage in these profitable activities, which is not the case.  What I am discouraging it centralization and concentration and of vast wealth into a group of the few that would make it their primary method of making profits off of rent-seeking and interest. 

Loans will still happen and the tax implication will be taken into account.   Commercial property will still be owned.   New business will still be started.   Funny how you think this would not happen.

So, you're discouraging loans. You're discouraging investment. You're discouraging commercial property ownership. By discouraging these, you're also discouraging starting new businesses. Do you see this as beneficial to the economy?

It would mainly depend on if you owned the building free and clear.  If you were in the process of purchasing it, it would not be considered capital gains yet.  Once you did own it, yes, I could see tax rates being different that a non-commercial property.

Interest on Loans would be capital gains.   I see profits from the sales of goods or services and healthier for an economy than profits from interest.

So presumably you would also have large property taxes, with breaks for non-commercial owners, yes? Thus taxing heavily hotels and landlords? And of course, interest on loans would be considered "capital gains," right?

Actually my goal would be to taxing anything that can be used to compound their interest.  This features tends to concentrate control and influence over time and that type of central control should be taxed.  What we don't want to a rent-seeking class. 

To contrast with today, we tax both income and capital gains but favor capital gains.  In this current system, it has centralized wealth in the few and widen the gap between the rich and poor.   When you have large disparities in any society, it creates social problems that if left unchecked, usually end in a revolution of the poor against the rich rent-seeking class in that society.   

I am for wealth and having able people to accumulate wealth & capital, but the higher they go up the ladder in with widening gap, the tax laws should not encourage more centralization of wealth.  Now if we see a reasonable gap with incomes in the bottom percentile increasing while the apex is getting larger (decentralized wealthy class), then taxes should not punish that behavior because that would tell me that the wealthy are being a good steward of those assets and resources.  It is all about finding the right balance. 

You don't have capitalism so you have a few winners and a bunch of losers.  When that happens it is called feudalism. 

Put another way, income is something you expended effort for, and capital gain is something you accepted risk for, yes?

So, you want to encourage (by not taxing) working for an employer and discourage (by taxing) investing. What do you imagine will be the result of that incentive set?

Income is wealth you generated with your own direct energy.

Capital Gains is wealth you generated by investing it with another entity that invested on your behalf.

The key difference is the 3rd party.  You working as a clerk for an employer, income.   Investing into a corporation or bond and receiving proceeds from the appreciation or interest income, capital gain. 

I also support a more decentralized government. I happen to think the individual is the limit, though.

Tell me, what is the difference between income and capital gains?

And I'm sure, if the slave owners bothered to think about it and talk to them about it (which of course, they didn't, they just used the whip), the arguments you use to support taxation would have sounded fairly familiar.

Well I support a more decentralized government, I think a state is around the limit for manageability.   

I also agree that we should not tax income and instead focus on capital gains, consumption and tariffs.

Yes, the slaves would of wanted to be at the table as well.

My position then would be the same as it is now: I'd rather not exchange one tyrant 3000 miles away for 3000 tyrants 1 mile away.

And it should be noted that until 1913, the US government's only source of income was tariffs and sales tax, with 40% of it's revenue coming from the tax on alcohol consumption. Which, as I have said before, i would have much less problem with. (especially since I don't drink)

I'm sure the slaves wished they were around 224 years ago for that discussion about slavery, too.

Sorry,  I thought it copied it all, I fixed that for you.  I wish was at the level to write dimes of knowledge like this.  I thought it would be fitting for a discussion. 


@ Myrkul - Yes, I believe we all would prefer that but that doesn't happen without the injustice happening too.  You call taxes being robbed but maybe, just maybe you are upset that you were not around 224 years ago to be part of that debate. 

For those who are wondering, no, this is not Dalkore's original work... He quoted Plato, but evidently forgot to use the quote tags.

And I don't know about the rest of you, but I know I would rather do and receive justice, rather than do injustice and get away with it. Maybe I'm just weird.

As to the origin of the state, that much is clear: being robbed of a small portion of your income at regular, predictable intervals is preferable to losing most, if not all, of it at random intervals.

The Nature and Origin of Justice (Quote by Plato):

"They say that to do injustice is, by nature, good; to suffer injustice evil; but that the evil is greater than the good.  And so when men have both done and suffered injustice and have had experience of both, not being able to avoid the one and obtain the other, they think that they better agree among themselves to have neither;  hence there arise laws and mutual covenants; and that which is ordained by law is termed by them lawful and just.   This they affirm to be the origin and nature of justice;--it is a mean or compromise, between the best of all, which is to do injustice and not be punished, and the worst of all, which is to suffer injustice without the power of retaliation; and justice, being the middle point between the two, is tolerated not as a good, but as the lesser evil, and honored by reason of the inability of men to do injustice.  For no man who is worthy of being called a man would ever submit to such an agreement if he were able to resist; he would be mad if he did."




Note:  Maybe, just maybe, this is why we decided to form nations.  And just maybe there was a time where men did volunteer to adhere to those laws & justice.  Just maybe people who want AnCap are just here too late as to when their nations agreement happened.