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Topic: What should be taxed? - page 2. (Read 2298 times)

legendary
Activity: 1568
Merit: 1001
July 15, 2014, 12:11:59 PM
#6
Realistically, there needs to be a transition from what we have today to a totally voluntary society and a flat tax of somewhere in the mid-teens would be adequate. It has to be apportioned equally but there's 92 million people out of the work force and a large number of them are on some sort of govt entitlement program. Frankly, nothing is realistic right now until many millions more are employed in jobs that offer mobility to the middle class. The current addition of 200k new jobs per month being service sector, part time and seasonal positions doesn't bode well at all for any economic growth going forward. Employers of middles class jobs are sitting back and not hiring until regulations can be faded a bit and this Obamacare monstrosity can be curtailed. Also, the corporate repatriation tax needs to be severely cut so the money stashed overseas comes home and a portion can go to pay for infrastructure upkeep.
legendary
Activity: 1722
Merit: 1000
July 15, 2014, 11:48:45 AM
#5
Not a god damn thing.
All central banks should be abolished, fractional banking ended, money based on crypto, govs mine for new money to pay for things.

Tax is criminal.
hero member
Activity: 616
Merit: 500
July 15, 2014, 02:12:50 AM
#4
comsumption? Incentives savings, and everyone has to consume anyway, even people out of law and illegal immigrants
sr. member
Activity: 448
Merit: 250
July 15, 2014, 01:22:54 AM
#3
Any one of the above would be fine except property taxes. You don't really own property if you are paying tribute on it to a government.

Also it really should be limited to one tax. Taxing us when we earn it, spend it, grow it, and even look at it is getting out of hand.
I agree, that's why I only allowed people to vote on 1.

sr. member
Activity: 406
Merit: 250
July 15, 2014, 12:12:45 AM
#2
Any one of the above would be fine except property taxes. You don't really own property if you are paying tribute on it to a government.

Also it really should be limited to one tax. Taxing us when we earn it, spend it, grow it, and even look at it is getting out of hand.
sr. member
Activity: 448
Merit: 250
July 15, 2014, 12:09:34 AM
#1
Tax on assets:
You own $500,000 worth of land. Another guy owns $2,000,000 worth of land. He has to pay more taxes than you.
OR
You own $2,000,000 worth of equity in companies. Another guy owns $500,000 worth of equity. You have to pay more taxes than him
+ All similar schemes (council tax, window tax, bank deposit confiscations, etc...)

Tax on consumption:
This year you bought $75,000 worth of goods/services. Another guy bought $60,000 worth of goods/services. This year you have to pay more tax than him.
+ All similar schemes (sales tax, carbon tax, luxury tax, etc...)

Tax on income
Self explanatory

Tax on "Public Property"
this year you polluted more (by the government's measurement) than another guy so you owe more tax than he does. Rationale being that the public "owns" the air/water/etc... that you polluted, therefore you have to pay to do so.
+ All similar schemes (ex, developers have to pay to preserve X acres of land to develop X acres of land)

Which should be the primary method for the state to collect revenue?
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