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I do not understand why people make such a big deal of the "double taxation" argument specifically in the context of capital gains. If I hire an employee, I ha
by mlinsey 18y ago
I do not understand why people make such a big deal of the "double taxation" argument specifically in the context of capital gains.
If I hire an employee, I have to pay payroll taxes on the salary I pay him or her, and then I also have to pay business taxes on the value that the employee gives to the company in the form of increased revenue. Is this "double taxation" also a cause for moral outrage?
- nazgulnarsil 18y agoyes. name something good that comes from federal taxes. all of the things that I associate with good government (schools, firefighting, disaster preparedness, zoning, etc.) are all handled by state and local governments. the vast majority of federal taxes go towards socialist pyramid schemes or a wasteful military that got so bored it had to attack iraq.
- mlinsey 18y agoSo in other words you have no problem with "double taxation" per se, your issue is with taxes generally.
- fallentimes 18y agoAgreed. All I can think of is defense (not offense), intelligence, (poorly executed) safety nets, (some) education and (some) infrastructure. Lot of qualifiers, which exemplifies the problem.
- nazgulnarsil 18y agothe intelligence service is one of the worst offenders. it is the epitome of bloat and corruption.
- fallentimes 18y agoHow do you think it should be fixed/organized? I used to live in DC; I cried myself to sleep at night thinking about government waste.
- kingkongrevenge 18y agoThe city is a monument to plunder. I walk or drive around and wonder at the wealth you see, which is all stolen from all over the country.
- fallentimes 18y agoThat's one of the many reasons I moved. What's funny is how self-important many of the people I met were even though paper shuffling & long job titles are the main currencies.