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Society needs far less money to function than is captured by taxes. There are US states without an income tax - the majority of government spending that is rel
by dantheman 3y ago
Society needs far less money to function than is captured by taxes. There are US states without an income tax - the majority of government spending that is relevant to an individual is provided the state government in the US.
- TulliusCicero 3y ago> There are US states without an income tax Yes, I live in one of them, Washington state. But your reasoning here is highly flawed: 1. Even within Washington, much of society's necessities are paid for by the federal government, which DOES use income taxes. 2. Instead of using income taxes, Washington simply relies on other taxes. Not having income taxes doesn't automatically mean the tax burden is lower. 3. Because it relies on other taxes, the state's overall tax burden is highly regressive*, with poorer people paying proportionately more of their income than richer people. This is great for me, a SWE, but it's a lot less great for poor and working class folks. * The lowest income quintile pays 17.8% of income to state and local taxes, whereas the top 1% of income earners pay only 3% to state and local taxes - https://itep.org/whopays/washington/ https://itep.org/whopays/washington/