Skylar
Diamond Member
- Jul 5, 2014
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The Income Tax serves only to hurt those working hard and trying to be successful.
The income tax serves the raising of revenue. And does a spectacularly good job of it without damaging our international trade as tarriffs would. Nor applying indiscriminate of one's ability to pay, as ad valorem taxes might. Income taxes increase as your capacity to pay increases. And decrease in kind.
That's effective, thoroughly moral (as it takes into account the capacity to pay) and doesn't hurt international trade.
Which is probably why we and most of the world use it.
It's punishment and theft. Nothing more.
Its neither. Its a superbly effective revenue source that doesn't damage international trade and is more morally applied that most systems of taxation, as it takes into account one's ability to pay.