dcraelin
VIP Member
- Sep 4, 2013
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He's talking about a straight percentage tax on rental property. Rich people would pay it more because poor people don't own rental property. It's no more "progressive" than a tax on luxury goods. Smith never supported an income tax, period, let alone a progressive income tax.
Ayup, funny how they missed that. They see the word "proportion" and get a major hard-on. But completely miss that it's flat by amount of rent and not progressive. LOL I don't think liberals actually went to math classes.
The previous sentences in the quote seem to indicate something different,...the quote certainly doesnt indicate "a straight percentage tax".....regardless it shows he was not against the rich paying proportionately more than the common man. Not strictly an income tax but if you want to go to a progressive property tax instead I would agree with that.
Obviously the fact the he's trying to demonstrate why the logic of progressive taxation is stupid went right over your head as well.
no it didnt, it just that his point didnt make any sense
So that means the government actually is the legal owner of every dollar my employer pays me?The government creates money, its utility would be worthless without the government
every dollar?...no Im just saying the utitilty of money is worthless without government....u people need to learn a little reading comprehension
[It shows that it isn't "soaking the rich" but taking a part of a windfall.
It shows that you're an imbecile. Apparently you believe a "windfall" is money that rightly belongs to the government. You're nothing but a thug who wants to take what others have earned.
Your resorting to name calling shows u are losing the argument. In a market economy, compensation is largely a result of Supply and Demand. The government maintains the conditions for that Market...polices it. Taxing a part of the windfall this creates for some is just a policy choice.