Comment on Income Tax Is Theft
sahin@lemmy.world 4 hours agoWealth has a value, land can be valued easily, we have data for years all around websites and in government about the lands everywhere. The houses are also like this. You can value a company by the factories it has people it employs etc, money it earns etc. This three is more than enough. The rest of wealth may not count, it is not important.
You cant fix loopholes without taxing all billionaires until none exists, because they will constantly bribe government. Even if you fixed loopholes, they will create intentionally.
MentalEdge@sopuli.xyz 4 hours ago
Then how is your proposal a solution?
sahin@lemmy.world 4 hours ago
Start by taxing everything above 10M dollars, then spread wealth control to all people, than start taxing wealth, not work because if you don’t tax wealth it will again cumulate and we will have to start over.
MentalEdge@sopuli.xyz 4 hours ago
The fuck do you mean by “wealth control”?
Are you referring to UBI?
It sounds like what youre sctually arguing for, is an asset cap. Where any property above a certain cap goes to the government.
If the cap is 10M, how do we fund UBI, infrastructure and emergency services once evryone is below that cap?
sahin@lemmy.world 3 hours ago
Wealth control means giving them the wealth, and not owning by the government. Because when the government owns everything, that means the people in government become rich.
Why does, not taxing moving money end public funding? Okay, it can be 2%, and this is enough.