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*snort*
Having an allergy problem? Spring does that to some people.
*snort*
It's been gutted, and it's only once in a life time.
I believe the wealth tax is yearly.
I understand the objection to "wealth redistribution." That's a complaint about what taxes are spent on. Not how the tax is collected, or what kind of tax it is.
Which really means your argument is "it's theft if I don't approve of the use of the taxes," which is laughable.
This is without a doubt one of the of the dumbest things I've ever read here at DP. No ones are being restricted or taken away because someone else gets to keep what they've earned. What contempt do I have for anyone's actual rights, not some pie in the sky idea of what you think rights should be, by pointing out that most taxes.are theft?
This should be both entertaining and comical.
Hey, genius, this is the exact dumb **** I dismissed earlier. I'm not interested in discussing the ridiculous notion that any tax is theft if it's not "voluntary."
Now take your personal attacks elsewhere, moderator.
This is without a doubt one of the of the dumbest things I've ever read here at DP. No ones are being restricted or taken away because someone else gets to keep what they've earned. What contempt do I have for anyone's actual rights, not some pie in the sky idea of what you think rights should be, by pointing out that most taxes.are theft?
This should be both entertaining and comical.
No, the dumbest thing ever seen on DP is claiming that taxes are theft just because you personally disagree with them. I have an idea: let's eliminate all taxes and just run the country on donations. See how that works out.
Taxes are theft because one could face imprisonment or confiscation of additional personal property for failure to pay. It doesn't matter if you or I agree or disagree as to whether some taxes are theft or not because they absolutely are, sorry to be the bearer of bad news.
No you don't understand. It is a theft because I, like others who have accumulated wealth, paid a fair share of taxes on what was earned as it was earned. This is an attempt to double dip, steal from success, for the sole reasons of "I don't have and you do." Call it what you will, envy, jealousy, whatever. This nation guarantees equal opportunity, not equal outcome. It isn't for some mealy mouthed thieving politician to tell me how my wealth should spent, accumulated or passed to a next generation, because that politician wants more votes, more power, mostly to enrich oneself.
Never trust an altruist.
Here's a reason I object to a wealth tax beyond what I've already said. I've lived long enough and followed politics to know that the "just think of all the wonderful things we can do for you if you just let us raise taxes/create new tax" mantra politicians chant never seems to deliver the wonderful thing they promised. We're $22 trillion dollars in debt - for all that money we got very little improvement, and yet some citizens act like bobble-head dolls nodding dutifully when ever a new tax is proposed.
I've made that crystal clear but I'll restate it in a way that maybe, just maybe you'll understand.
Any tax that is not voluntary is theft. If someone smokes, they are voluntarily paying the tobacco tax. If someone buys alcohol, they are voluntarily paying the alcohol tax. If someone buys a car that runs on gasoline or diesel fuel, they are voluntarily paying the gas tax. Sure, you could make the weak argument that people are voluntarily paying income tax by working but if no one was working, the economy would be in shambles. A wealth tax is not voluntary, unless the successful among us decide to make less than what they're worth.
Only if it is larger than spending. Otherwise we have to borrow more. And Congress spends over 200 days a year finding new ways to spend.Raising revenue would help deal with that debt.
The problem with a wealth tax beyond any broad ideological objection is an administrative one. So much property of the wealthiest is indeterminate in value, essentially being worth whatever someone buys it for. Think: art, houses, other collectibles.
So, first, what are people supposed to do? Have all their **** appraised as an estimate, then report that? And how do we know they're telling the truth? They'd have to send around an army of IRS assessors to double-check reported values. And if they didn't, people would just massively under-report and "forget" to mention various things.
Go back to Clinton income tax/corporate tax rates and reassess. Before we begin talking about this kind of stuff we should start paying for what we have. But for the last few decades, the GOP has been happy to have us borrowing a pile of cash so that their richest donors can have tax breaks that in no way cause said donors to meaningfully invest. It's just a handout sold to fools by inverting reality, that is, that borrowing more to give a tax cut to the richest isn't a handout but is "letting them keep more of their money"....just... :doh
If dynasty-ism is the problem, why not focus on estate tax AND getting rid of the myriad ways the richest evade it while passing on wealth to the next generation? Why so something as unworkable as a yearly wealth tax, with all it would require?
You mean, the Estate tax Republicans are trying to eliminate, and have currently eliminated for amounts under $22.4 million for couples while providing more ways to 'evade' it. Having said that, you ask fair and important questions about the practicalities of a wealth tax.
Only if it is larger than spending. Otherwise we have to borrow more. And Congress spends over 200 days a year finding new ways to spend.
Convenient that your "fair share" of taxes is exactly what you've already paid. What about me? I've paid more than my fair share. So I've been stolen from, right?
End of the day, your entire objection is based on subjective feelings of what you think is fair.
Wealth taxes don't create "equal outcomes."
I've often said the difference between liberals and conservatives is that liberals in America want equal opportunity, conservatives think we have equal opportunity.
Paying a tobacco tax is voluntary? If the tax were voluntary, you could opt out of the tax while buying the cigarettes. So how do people go about buying a pack of cigarettes from a 7/11 NYC without paying the tax? They can't, can they?
For your position to hold, the operative decision must be the decision to buy the tobacco or not, and not the question of whether or not someone can choose to pay the tax independent of choosing to buy the tobacco. To you, it's voluntary even if the only way to avoid the tax is to avoid the product.
Careful. This runs headlong into the attack on income taxes, because there is also an all-or-nothing choice there.
You could choose to get a job and thus be subject to income tax. Or you could choose not to work and thus avoid paying income tax. Under your view regarding tobacco taxes, the fact that you cannot get a job but choose not to pay taxes does not affect the analysis. Because remember, your view was you could avoid the tobacco tax by not buying tobacco.
So if you're right about tobacco tax, you're wrong about income tax. And if you're right about income tax, you're wrong about tobacco tax.
(Though really, you're wrong on both. Taxes are involuntary, but calling them "theft" is silly, not that you'll ever have to face the consequences of actually putting this broken "voluntary payments only" idea into practice.
This post just pinpoints the logical flaw in your argument).
Paying a tobacco tax is voluntary? If the tax were voluntary, you could opt out of the tax while buying the cigarettes. So how do people go about buying a pack of cigarettes from a 7/11 NYC without paying the tax? They can't, can they?
For your position to hold, the operative decision must be the decision to buy the tobacco or not, and not the question of whether or not someone can choose to pay the tax independent of choosing to buy the tobacco. To you, it's voluntary even if the only way to avoid the tax is to avoid the product.
Careful. This runs headlong into the attack on income taxes, because there is also an all-or-nothing choice there.
You could choose to get a job and thus be subject to income tax. Or you could choose not to work and thus avoid paying income tax. Under your view regarding tobacco taxes, the fact that you cannot get a job but choose not to pay taxes does not affect the analysis. Because remember, your view was you could avoid the tobacco tax by not buying tobacco.
So if you're right about tobacco tax, you're wrong about income tax. And if you're right about income tax, you're wrong about tobacco tax.
(Though really, you're wrong on both. Taxes are involuntary, but calling them "theft" is silly, not that you'll ever have to face the consequences of actually putting this broken "voluntary payments only" idea into practice.
This post just pinpoints the logical flaw in your argument).
You should try reading what I've already written before showing up with egg on your face.
The tobacco tax, just like the alcohol tax, is completely voluntary. I choose to pay those taxes if I choose to buy tobacco or to buy alcohol. It's isn't being forced on me unless I purchase those goods. I also already made the point about choosing to work.
Maybe next time instead of speaking about that of which you obviously don't know, do a little research so you don't look so ignorantly uninformed next time because there is no "logical flaw" in my argument.
Is this your idea of what "political debate" is? The first bit is a snotty attack. The middle bit is simply you claiming that you are right because you are saying you are right. The last bit is more snotty attacks.
If there were no logical flaw, you could demonstrate it by addressing what I actually said. You can't address an argument why what you said doesn't work, so instead you just repeat what you said. And to try to cough over that particular fart, you bookend it with haughty attacks having nothing at all to do with the subject.
The problem with a wealth tax beyond any broad ideological objection is an administrative one. So much property of the wealthiest is indeterminate in value, essentially being worth whatever someone buys it for. Think: art, houses, other collectibles.
So, first, what are people supposed to do? Have all their **** appraised as an estimate, then report that? And how do we know they're telling the truth? They'd have to send around an army of IRS assessors to double-check reported values. And if they didn't, people would just massively under-report and "forget" to mention various things.
Go back to Clinton income tax/corporate tax rates and reassess. Before we begin talking about this kind of stuff we should start paying for what we have. But for the last few decades, the GOP has been happy to have us borrowing a pile of cash so that their richest donors can have tax breaks that in no way cause said donors to meaningfully invest. It's just a handout sold to fools by inverting reality, that is, that borrowing more to give a tax cut to the richest isn't a handout but is "letting them keep more of their money"....just... :doh
If dynasty-ism is the problem, why not focus on estate tax AND getting rid of the myriad ways the richest evade it while passing on wealth to the next generation? Why so something as unworkable as a yearly wealth tax, with all it would require?
Your comment makes no sense. Estates are appraised for inheritance taxes. Surely, they could come up with a good method to determine the tax, and even if it's not entirely accurate, it doesnt' have to be, really, it's just a tax. So, as long as the same methods for appraisal are applied to everyone, that is what counts.
As for focusing on the inheritance tax, that's a one shot deal. A wealth tax, in my view, is yearly right along with the income tax. so, first tax, should be a a big one based on the whole, for the first time, then subsequent taxes be based on the net appreciation from the year before.
And once again, for possible comprehension - revenue HAS INCREASED. It's time to work on the spending side of the equation. Let's put Congress on a pork-free diet.Either way, the debt is better off with the additional revenue than it is without the additional revenue. Increase spending by $200 billion, increase revenue by $100 billion, deficit grows by $100 billion. But if you don't increase the revenue by $100 billion, your deficit growth is $200 billion. Since 200 is objectively larger than 100, if deficit is a concern one would surely agree that 100 is better.
There is no such thing as "ethical." This is an illiterate use of a word which means the study of morals, and which is judgment free. There is no moral justification for closing any perceived "growing" disparity of wealth. Morals are always a convenience, not written in stone. Your morals are not my morals, and you cannot impose your morals on anyone else. I do understand, this conversation is now over your head. Justice is blind, in many ways. I doubt you would recognize justice if she slapped you in the face. All you stand for is thievery.
That is why the wealth tax won't be passed and it is malignant. It forces you buy non-income producing property over and over just to keep the envious happy
Once. Estate tax is applied once. You are talking about a yearly set of assessments. An incredibly burdensome thing where the targets of this tax have to constantly update the value of just about everything they own, and an army of assessors if it has any hope of being enforced in a remotely equitable manner. How on Earth is there any reasonable hope of this working let alone working in a fair manner when we can't even properly police income tax payments?
Plus, the stuff targeted was purchased with already-taxed money and will be taxed again for capital gain if sold.
But that last point verges on the ideological basis which I avoided due to seeing it as entirely unpragmatic, especially where we have tried methods of raising revenue. More pragmatism would be to point out that the probability of getting a yearly tax on all possessions passes is probably far lower than simply bumping tax rates up a bit (not that that will happen).
I can pretty much guarantee that if the Dems get a supermajority and pass a wealth tax, they're losing that supermajority (and then the tax itself) in the next election or two at least. And then we won't ever raise taxes to where we need to to pay for what we're spending.
The target of the wealth tax, really is a small crowd. Noting that the IRS handles what, some 100 million or so tax returns, and you're telling me that taxing a small crowd is not doable? That makes no sense.
I stand for justice. We just disagree on what that is.
Because it is their money that you have no say over how they use it.
You don't know what justice is. Wealth redistribution is not justice. It is theft. Simple and plain.