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That's why we have super majority and other means to combat tyranny by majority. So how does one define the point at which taxation becomes immoral?
by lastyearman 10y ago
That's why we have super majority and other means to combat tyranny by majority.
So how does one define the point at which taxation becomes immoral?
- Kpourdeilami 10y agoI'm no expert. However, I think taxation becomes immoral when the amount you pay in taxes, is more than the amount that you keep... so anything above 50%?
- lastyearman 10y agoHave you ever done the math of much taxes you actually pay (hint: products you buy include a ton of taxes)? Anyway, taxes don't matter. All taxes return to circulation (unless government is radically changing economic policy). What people are really saying is that they want to be better off than some other group of people.
- Apocryphon 10y agoThe wealthy in the U.S. are nowhere paying that high. I don't think the upper class in Europe even has to suffer that.
- Kpourdeilami 10y agoI don't know much about U.S taxes. I'm from Ontario, Canada and taxes are ridiculously high here.
- jeremyt 10y agoAre you kidding? An upper income taxpayer in California pays 39.6% federal, 10% state. On top of that there are sales taxes, property taxes, payroll taxes, unemployment benefit insurance, the 3.4% Medicare surcharge, car registration taxes and fees, transfer taxes on assets, and estate taxes when you die. Explain to me how that doesn't add up to more than 50%?
- Apocryphon 10y agoMitt Romney paid 14% in 2011, so I'm certain there are ways around paying the full price.
- jeremyt 10y agoMitt Romney paid 14% federal, that doesn't include state. And the person I was responding to said that there is "nobody" paying more than 50%. FYI, he paid 14% federal because most of his money came from carried interest which is taxed like dividends. The 14% is only after the same income is taxed at the corporate level at 35%.
- BigDaddyD 10y agoMy argument wasn't that the tax itself is immoral, although I'm a flat tax guy, but rather that where the money is spent and how can easily be immoral.