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> I'm not saying anything should be taken away from anyone. Just taxed. That's inconsistent.
by dantheman 8y ago
> I'm not saying anything should be taken away from anyone. Just taxed.
That's inconsistent.
- scotty79 8y agoOnly if you believe tax is taken from you. Many people pay taxes without feeling they are being wronged in any way. Many people actually take pleasure from paying taxes. Weird. I know.
- ergo14 8y agoThe income from renting is already taxed, yes? The income used to buy the housing is already taxed, yes? What more is there to tax?
- speedplane 8y agoIncome used to pay interest on a home is not taxed (up to a limit). Paying interest (not principal) on a home mortgage is pretty much money down the drain (no wealth accumulation, a fee for the right to hold the debt). In this way, interest payments for housing you own are somewhat comparable to rent payments for housing you don't own. The fact that income paid to interest is not taxed, yet income paid to rent is taxed can create a significant advantage to owning versus renting.
- scotty79 8y agoIncome tax is not the only tax. There's tax on fuel, on tobacco. You tax cheap harmful things to make them more expensive to discourage them. Hoarding property is harmful and should be discouraged. As a side note I think income tax should be 0. VAT as the main source of income seems way more just to me. Plus various taxes to make the environmental cost of activity known to the market (like CO2 tax, fuel tax) or tax on harmful things (like tobacco) to discourage them.
- ergo14 8y agoSo people like me would pay no VAT on invoices because I export services (so they are reverse-charge in EU). I would only pay VAT on goods that I buy personally. I think the matter is more complex.