Message from @Miniature Menace

Discord ID: 619329797549588491


2019-09-06 00:27:46 UTC  

How is preferring land-use tax over corporate tax "left-wing"?

2019-09-06 00:28:06 UTC  

There's a lot of state tweaking bullshit that's more compatible with libertarianism than what we currently have, that's for sure.

2019-09-06 00:28:16 UTC  

If you support taxation of mining minerals over taxation of corporate profit... you are left-wing?

2019-09-06 00:28:18 UTC  

Grilling is bae. My neighbor brought out the grill today. I brought Bushmills. I think we are even.

2019-09-06 00:28:50 UTC  

For example, using a flat consumption tax, instead of a progressive income tax.

2019-09-06 00:29:10 UTC  

Consumption tax is better to weed out tax evasion.

2019-09-06 00:29:14 UTC  

Or using excise taxes.

2019-09-06 00:30:00 UTC  

Pretty much any kind of tax has the capacity to exacerbate perverse incentives, however.

2019-09-06 00:30:27 UTC  

Sure, but consumption taxes (like VAT) are more difficult to abuse than taxation of salary.

2019-09-06 00:30:29 UTC  

Which is one reason why the progressive income tax is so destructive.

2019-09-06 00:30:44 UTC  

Because to fool VAT, you would need to fool the entire chain of supply.

2019-09-06 00:30:56 UTC  

Consumption tax is inherently flawed as the less you make the greater percentage of your earnings you spend.

2019-09-06 00:31:06 UTC  

Then make more.

2019-09-06 00:31:14 UTC  

Generally to fool VAT, you need to purchase or smuggle stuff from China.

2019-09-06 00:31:33 UTC  

But that's what customs are for.

2019-09-06 00:32:04 UTC  

why should someone have to pay more for something just because they earn more? VAT is the fair tax. It's way too high though

2019-09-06 00:32:06 UTC  

Pretending that you can allow your nation's people to be complacent with being poor is really foolish. You can try to disguise the power dynamics, but they still exist.

2019-09-06 00:32:29 UTC  

@system11 You missed his point.

2019-09-06 00:34:32 UTC  

No look when you make 30K you spend almost all fo your income. When you make 50K you spend most of your income. When you make 300K you save or invest most of your income. Since a VAT is a tax on *spending* it is a disproportionate tax.

2019-09-06 00:34:54 UTC  

i understand that perfectly, i just dont consider it a problem

2019-09-06 00:35:30 UTC  

Unless you also believe that someone who is 100th as wealthy as another person should pay 100th as much for a hamburger, the progressive tax doesn't actually solve this.

2019-09-06 00:35:51 UTC  

And using a flat consumption tax would also allow for a streamlining of departments, so the overall tax burden is *less*

2019-09-06 00:36:40 UTC  

Just tax the rich more, problem solved.

2019-09-06 00:37:08 UTC  

You can't really tax the rich more beyond a certain rate, functionally, because of capital flight.

2019-09-06 00:37:22 UTC  

And because they tend to move their assets around based on taxes.

2019-09-06 00:37:35 UTC  

You can force them to stay in the country at that point.

2019-09-06 00:37:37 UTC  

Or worse, utilize the tax dependency of the state on their specific industry to lobby for more power.

2019-09-06 00:37:41 UTC  

@Weez but why are you entitled to their money?

2019-09-06 00:37:42 UTC  

Heavily tax them if they leave.

2019-09-06 00:37:43 UTC  

Easy.

2019-09-06 00:37:51 UTC  

@system11 Because I'm the state.

2019-09-06 00:38:01 UTC  

I don't give a shit about their "entitlement" or "earnings"

2019-09-06 00:38:03 UTC  

I take what I want.

2019-09-06 00:38:05 UTC  

Sorry.

2019-09-06 00:38:19 UTC  

That doesn't really work over any extended periods of time. It's creating a disincentive to be profitable.

2019-09-06 00:38:30 UTC  

No, you can still be profitable

2019-09-06 00:38:35 UTC  

if i earned enough to be considered 'rich' i'd definitely relocate if i felt the state was being too greedy

2019-09-06 00:38:36 UTC  

You just can't have 2 yachts.

2019-09-06 00:38:43 UTC  

No, you don't understand. It's not worth it.

2019-09-06 00:38:50 UTC  

@system11 And we'll HEAVILY tax you on the way out 🙂

2019-09-06 00:39:04 UTC  

but back to VAT, i think conceptually i don't have a problem with it other than it's too high. it's twice as high as in the US for example