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That seems a very elegant solution to the problem of fair income taxes. Just don't tax income, that way you can't have a disparity in income tax. What should w
by mattgrice 2y ago
That seems a very elegant solution to the problem of fair income taxes. Just don't tax income, that way you can't have a disparity in income tax.
What should we tax instead? Capital seems to me a viable choice. It would be a lot more work for everyone, though.
- pdonis 2y ago> What should we tax instead? My proposal (in the GP of the post you responded to) was to tax consumption, i.e., a national sales tax or something like it. > Capital seems to me a viable choice. What would count as "capital"? Whatever the answer is, this would seem to me to have the same issue as income taxes have: you would be taxing production instead of consumption, hence lowering the incentive to produce.