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> If you’re going down this route, many will argue that all forms of income tax are equally “wrong”. I frequently come to a conclusion personal income tax shou
by odiroot 5y ago
> If you’re going down this route, many will argue that all forms of income tax are equally “wrong”.
I frequently come to a conclusion personal income tax should be abolished as it punishes work.
CIT, VAT, capital gains and inheritance taxes should be enough to sustain a budget. These are all unrelated to performed work.
- 542458 5y agoI was under the impression that CITs were far, far more distortionary than well structured progressive PITs.
- daveFNbuck 5y agoWhy is punishing adding value not wrong? Isn't adding value a good thing?
- relaxing 5y agoI frequently come to the conclusion that personal grocery bills should be free, as charging for food punishes existing.
- Ericson2314 5y agoI mean, socialism for basic needs and capitalism for status symbols is a pretty nice system. No problem doling out status symbols for productivity improvements which benefit basic needs production.
- closeparen 5y agoGroceries are exempt from sales tax.
- mjmahone17 5y agoYes that sounds right: everyone should probably be given a ration for a guaranteed allotment food each month. In NYC during the pandemic they opened up free meals for everyone, regardless of income. A society where enough food is provided by default seems like a more humane society to me.