Wry Catcher
Diamond Member
- Banned
- #61
Progressive income taxes are based on the subjective marginal utility analysis that basically says idiots in government can decide if you "need" all the money you make or not and that they are justified in taking the money they decide you don't "need"
Well all of you who love this type of blatantly unfair tax scheme I ask you why stop at income?
Why not use progressive tax schemes for everything that is taxed?
Let's say you own a 4 bedroom home but you and your wife have only 1 kid. You only "need" 2 bedrooms so some moron in your state government can decide that those 2 bedrooms must be taken from you and given to someone else and then inserts 2 people into your home because they "need" those rooms and you don't
What about a vacation home? Surely you don't "need" that if you only use it on occasion.
You and your wife have 2 cars and you have your dream car in the garage you don't need that classic 1969 GTO so why not let the government take it from you to give to someone who does "need" it
I bet that sounds like a great plan to some of you doesn't it?
It most likely doesn't seem like a great plan to me, my take is it is an absurd mini rant by someone who hates taxes and doesn't understand that a flat tax is a paved road to a Plutocracy.
We got a Republic, and people like you don't understand a progressive income tax is today more important than ever before. The CU & McCutcheon 5-4 decisions have moved us to the tipping point of losing what our founders left us.
Then explain why the "progressive" tax is great for income but not for anything else?
Why not pay more sales tax on your second third and fourth giant flat screen TVs than you do on the first?
ANd I don't mind paying taxes I just don't like unfair taxes
It has been pointed out that Real Estate Taxes are higher for more expensive homes than for lesser expansive homes, except in CA where prop. 13 screwed new home owners and created a wonderful system for corporations, Apt. House owners, Rail Roads and other large property owners who rarely if ever turn over their property.
And that's my point. Prob 13 treats all Real Property the same, but when sold the property is reassessed to its current market value. Hence my wife and I own a 3/2 home we bought in 1980 and pay less in taxes than my son and his wife who live half a mile away in a 3/1 home 400 sq. ft. smaller than ours. They bought their home in 2011 and pay 2/3 more than we in property tax.
That ain't fair, but Prop. 13 was funded by wealthy investors and owners of large apt. complexes which never are sold, so they are never reassessed at the current market value. That includes supermarkets, large retail outfits and shopping malls, service stations & huge real estate holdings of the Rail Roads.
That is the future times 10 if we continue to move the burden of taxes to the lesser so those with the most can obtain more.
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