Message from @Miniature Menace
Discord ID: 619329797549588491
How is preferring land-use tax over corporate tax "left-wing"?
There's a lot of state tweaking bullshit that's more compatible with libertarianism than what we currently have, that's for sure.
If you support taxation of mining minerals over taxation of corporate profit... you are left-wing?
Grilling is bae. My neighbor brought out the grill today. I brought Bushmills. I think we are even.
For example, using a flat consumption tax, instead of a progressive income tax.
Consumption tax is better to weed out tax evasion.
Or using excise taxes.
Pretty much any kind of tax has the capacity to exacerbate perverse incentives, however.
Sure, but consumption taxes (like VAT) are more difficult to abuse than taxation of salary.
Which is one reason why the progressive income tax is so destructive.
Because to fool VAT, you would need to fool the entire chain of supply.
Consumption tax is inherently flawed as the less you make the greater percentage of your earnings you spend.
Then make more.
Generally to fool VAT, you need to purchase or smuggle stuff from China.
But that's what customs are for.
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
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.
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.
i understand that perfectly, i just dont consider it a problem
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.
And using a flat consumption tax would also allow for a streamlining of departments, so the overall tax burden is *less*
Just tax the rich more, problem solved.
You can't really tax the rich more beyond a certain rate, functionally, because of capital flight.
And because they tend to move their assets around based on taxes.
You can force them to stay in the country at that point.
Or worse, utilize the tax dependency of the state on their specific industry to lobby for more power.
Heavily tax them if they leave.
Easy.
I don't give a shit about their "entitlement" or "earnings"
I take what I want.
Sorry.
That doesn't really work over any extended periods of time. It's creating a disincentive to be profitable.
No, you can still be profitable
if i earned enough to be considered 'rich' i'd definitely relocate if i felt the state was being too greedy
You just can't have 2 yachts.
No, you don't understand. It's not worth it.
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