4 ms·
> Where are crimes more likely to occur, a city with 10,000 or 1 million? A city of 10,000 may very well have a higher rate of crime. In terms of your analogy,
by gottorf 2y ago
> Where are crimes more likely to occur, a city with 10,000 or 1 million?
A city of 10,000 may very well have a higher rate of crime. In terms of your analogy, consider my lawn man, who only takes cash for his services. I know he's not taking in millions of dollars a year (or even hundreds of thousands), but I also strongly suspect that he does not report all of his income.
Same goes for every cash-only business I know.
> I rather have a well staff IRS going after those that evade paying their taxes, probability speaking the wealthy.
I'd rather the tax code be simplified so that nobody has access to loopholes, not just the wealthy. Not much you can do to hide, for example, a land value tax.
- davemp 2y ago> Not much you can do to hide, for example, a land value tax. Unfortunately I’m not sure this is entirely true: https://www.nytimes.com/2021/04/03/opinion/sunday/property-taxes-housing-assessment-inequality.html https://www.nytimes.com/2021/04/03/opinion/sunday/property-t...
- gottorf 2y agoI mean a Georgist land value tax, where you are only taxed on the value of the land underneath any improvements, and not on the improvements themselves. Of course, that doesn't prevent the kind of valuation mistakes that your article points out, but they are orthogonal.