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Thread: Taxes?
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07-04-2008, 11:24 PM #11
"So you'd rather have a tax on people for their hard work than for their toy purchases?"
Well, that's part of my point. Those opposed to the inheritance tax favor taxing one's income earned through labor over taxing one's income earned through nothing other than being the offspring of the rich. That's why I'm not opposed to inheritance taxes as a part of the global tax-raising scheme. Why tax the wage earner but not the inheritor?
But leaving that subject aside for the moment, on the question of whether it is a better tax system to tax wages versus a federal sales tax, again my concern is that if wages aren't taxed and only spending is, the very wealthy could end up paying very little taxes at all even though they are the largest wage earners, resulting in the tax burden falling more heavily on the middle and lower classes, who are the least able to afford paying taxes to begin with, and who fell the economic pinch of taxes far more acutely than the wealthy.Last edited by billyjeff2; 07-04-2008 at 11:26 PM. Reason: grammar