3 ms·
I guess I somewhat agree in principle but an indiscriminate tax cut/deduction/universal income would be a much better approach. Easier to administers and much f
by qwytw 3y ago
I guess I somewhat agree in principle but an indiscriminate tax cut/deduction/universal income would be a much better approach. Easier to administers and much fairer.
- mindslight 3y agoI'm torn on this, because on one hand I think keeping a record of everything you spend, sorting through it all to tally it up, and generally tracking one's life with spreadsheets is a horrible way to live. So the tax code de facto requiring that is oppressive. But on the second hand (and this was my main point here), these are deductions that businesses already get to take. Get routinely paid on a 1099, and see all the deductions you can take essentially by virtue of now "running your own business". It's obscene. Perhaps set up an LLC+S-corp for even more. But on the third hand, I get the argument that if we just eliminated business deductions in general, that "thin businesses" would be impractical.