3 ms·
The trouble with income tax is that every transaction along that path (manufacturing, transportation, employment) is already taxed, as is consumption (sales).
by umeshunni 3y ago
The trouble with income tax is that every transaction along that path (manufacturing, transportation, employment) is already taxed, as is consumption (sales).
- TulliusCicero 3y agoMoney in an economy is a flow. Yes, it's 'already taxed', this is always true because money is always flowing around.