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A better solution would be to scrap income & capital gains tax altogether, thus sparing 90%+ of taxpayers from having to file at all. Shifting to a higher cons
by cal5k 3y ago
A better solution would be to scrap income & capital gains tax altogether, thus sparing 90%+ of taxpayers from having to file at all.
Shifting to a higher consumption tax would put the onus on businesses that sell things, not the average person.
It would also greatly reduce the need for governments to surveil citizens to make sure they're not evading taxes.
- temp2022account 3y agoAt that point what keeps companies from leasing stuff instead of selling it? That approach sounds like the easiest way to avoid taxes ever, and it has the side effect of making ownership for poorer classes unnecessarily more difficult.