Yep, but usually the middle and low classes are the ones which receives the more negative impact. There can be others way to get funds, like having oil stations owned by the state, and using their profit as taxes.
Only if that’s how the system is set up. Tax everything sold by a certain percent. Tax businesses on their stock value. Tax income and net wealth over a certain amount. There are ways to enable taxes that protect the poor. But, to be fair, I am heavily in favor of a strong social security net. I want the weak, poor and unhealthy to know where they will be sleeping tonight and eating tomorrow.
I agree in principle, but sales taxes are a bad idea, because they are regressive. That means, because poor people spend a larger proportion if their income, their income is taxed (through sales taxes) at a higher rate than the income of more wealthy people.
What would actually be a better idea is to have a higher income tax for the higher tax brackets, but also tax wealth and inheritance much more, that would be things like stocks, real estate etc, which the wealthy use to borrow against to avoid taxes (because they don’t pay taxes on the borrowed money).
Basically just close up the loopholes and get rid of tax havens. Make it so that the rich can’t remove their money from the economy. I think businesses should also pay more in tax as opposed to individuals.
Printing more money: this is just a flat tax because of inflation.
Government owning resources: finite. The cost of those resources increases to support citizen needs. And the cost of that is borne by the consumer, I.e. the citizens. This is most likely a regressive tax.
In the end, it’s all a tax. And if you don’t specifically target it, it’s a tax that hurts the poor.
I mean, taxes help pay for roads. I want there to be taxes. We just need the rich to pay their fair share.
Yep, but usually the middle and low classes are the ones which receives the more negative impact. There can be others way to get funds, like having oil stations owned by the state, and using their profit as taxes.
Only if that’s how the system is set up. Tax everything sold by a certain percent. Tax businesses on their stock value. Tax income and net wealth over a certain amount. There are ways to enable taxes that protect the poor. But, to be fair, I am heavily in favor of a strong social security net. I want the weak, poor and unhealthy to know where they will be sleeping tonight and eating tomorrow.
I agree in principle, but sales taxes are a bad idea, because they are regressive. That means, because poor people spend a larger proportion if their income, their income is taxed (through sales taxes) at a higher rate than the income of more wealthy people.
What would actually be a better idea is to have a higher income tax for the higher tax brackets, but also tax wealth and inheritance much more, that would be things like stocks, real estate etc, which the wealthy use to borrow against to avoid taxes (because they don’t pay taxes on the borrowed money).
Basically just close up the loopholes and get rid of tax havens. Make it so that the rich can’t remove their money from the economy. I think businesses should also pay more in tax as opposed to individuals.
What if the profit doesn’t cover the cost of building and maintaining the roads?
Something aren’t meant to have profit. If you’re health is a right, it has no price.
So you’re saying we should rob you and enslave you, until the buildings and roads are built?🤔
No, I’m saying I prefer to live in anarchy and freedom
I’m not replying to you, but to @sbv@sh.itjust.works
oh, sorry about that
Probably it does, but even if it doesn’t there must be a way not involving taxes
Not all taxes are regressive.
😎 “Not all larceny is regressive”
You can simply compensate people for work labored. Food distribution is a great motivator.
Not a meaningful one.
Printing more money: this is just a flat tax because of inflation.
Government owning resources: finite. The cost of those resources increases to support citizen needs. And the cost of that is borne by the consumer, I.e. the citizens. This is most likely a regressive tax.
In the end, it’s all a tax. And if you don’t specifically target it, it’s a tax that hurts the poor.