3 ms·
States should ditch the income tax altogether in favor of sales tax. Then you are paying where you are located no matter what. No "residency" concept (and all
by fallingknife 5y ago
States should ditch the income tax altogether in favor of sales tax. Then you are paying where you are located no matter what. No "residency" concept (and all it's associated bureaucracy) is needed.
- withinboredom 5y agoThis doesn’t work. Taxes don’t just pay the governments bills, they also work to make sure the rich don’t get too rich (otherwise your land owners could get richer than the government and toss you out of power). We are literally watching this happen in the US where the rich are too rich and basically do what they want.
- fallingknife 5y agoThe highest state income tax rate is 12.3% in CA. This is not the difference between rich people getting too rich or not.
- withinboredom 5y agoYeah, compare this to countries that have been doing taxes for nearly a millennium and it’s around 50% once you make enough.