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Agree that income tax is a problem, but do not agree with your solution using property tax. I believe consumption tax is a better approach, in my opinion. Con
by WaitWaitWha 4y ago
Agree that income tax is a problem, but do not agree with your solution using property tax.
I believe consumption tax is a better approach, in my opinion.
Consumption tax is immediate, indiscriminate at the time we spend the money, while property tax tends to be applied at various times throughout the life of the property.
- fleventynine 4y agoConsumption taxes have a lot of the same privacy-invading problems that income taxes do. To enforce them, the government has to have the ability to audit the financial records of at least one of the parties in a transaction. If there are consumption taxes, they should only be for the raw materials and energy (as part of mineral rights).