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The original purpose of the tax is to reclaim the land if the possessor can not make enough money off the land, or prosper some other way, to pay the tax. A mo
by fuzzfactor 4y ago
The original purpose of the tax is to reclaim the land if the possessor can not make enough money off the land, or prosper some other way, to pay the tax.
A mortgage acts like this too and if the tax was insignificant by comparison it would seem so fair but at least a mortgage can eventually be paid off in full. Then the bank no longer has an interest but the taxman never stops.
Taxes always go up but economic fortunes do not, when these become out-of-phase the original purpose is fulfilled.
This is what makes people demolish perfectly good buildings to reduce the taxable value of their property while they try to hold on to the land during a downturn.
Mortgages don't make people act like this.
For the greatest prosperity of the average citizens in a sustainable system, you tax nothing but commerce.
The purpose of taxing the income or property of average citizens is to repress opportunity for the majority.
This is by design.