4 ms·
"Money should only be taxed at one specific point as it passes through the economy, and anything more is immoral" is actually a large claim to make. It's not se
by coyotespike 5y ago
"Money should only be taxed at one specific point as it passes through the economy, and anything more is immoral" is actually a large claim to make. It's not self-evident, and requires at least some justification.
"Hey, that's already been taxed!" does have some intuitive appeal, but honestly I think that intuition comes from the game of Tag or something.
But money, being fungible, in constant circulation, and yielding assets and profits from re-investment, has many points at which it might feel fair to tax it.
It might not feel fair, but at least there's more there to discuss.