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My wages were driven up by wealthy employers hiring other programmers for jobs I didn't want or ask for - it's immoral to tax my increased income.

• teakettle42 4y ago
  Increased income is realized value. You actually have the income. Imagine that instead, your income was taxed based on the government estimated income you could have if you switched to a new job that paid more, and you were taxed based on that hypothetical increase in your wages. I see no profit from my home’s increased estimated value unless/until I sell and move out of the area.
  • TimPC 4y ago
    You see all sorts of value from the increased value of your home including the ability to get larger loans using the land/property as an asset to back that loan. Not having the cash in hand isn’t a good basis for not charging a tax, especially when that tax is a tiny fraction of the actual value of the property.
    • teakettle42 4y ago
      > Not having the cash in hand isn’t a good basis for not charging a tax That’s a great basis for not charging a tax. > … especially when that tax is a tiny fraction of the actual value of the property. How does that justify a tax?