Top income brackets should be taxed at 99%.

That was your support for a progressive tax rate.
Are you retracting?

 

OK, now I see what you are getting at. It's not the progressive tax RATE, it's the income AMOUNT that makes the difference in the fraction that is earned vs unearned: the higher the income, the lower the probability that any significant portion of it was earned by commensurate contributions to production. I don't advocate income tax, but that's why highly progressive income taxes focused on the top few percent of income recipients tend not to harm economies, and may even be beneficial.

 

I have stated the facts, which are indisputable.

How could they pay for "their" land? Who could rightly have received such a payment? The US Army? The only way you can pay for your land is by making just compensation to the community of those whom you deprive of it EVERY DAY, not by paying off some government official, once, hundreds of years ago.

All public expenditures on desirable services (very much including secure, exclusive land tenure) and infrastructure are subsidies to landowners, as they are legally entitled to charge everyone else full market value just for access to those publicly provided services and infrastructure.

It most certainly does. They have to pay a landowner full market value just for PERMISSION to work, to shop, to access economic opportunity and public services and infrastructure, etc..

The landowner certainly doesn't have to work for what he wants. All he has to do is charge others for his PERMISSION to access the services and infrastructure government provides, the opportunities and amenities the community provides, and the physical qualities nature provides at that location.

 

My argument isn't a failed one. Everything I said is true as I was addressing Federal Income tax which is currently based on ordinary( earned) net income for which you receive a w-2.
And a flat income tax does what is fair. All wage earns pay the same percentage of tax on their Ordinary Income. What is your problem with that?

You like people getting tax credits and refunds even when they owed no tax or paid no tax? Too bad. They shouldnt. There are plenty of welfare programs for low income taxpayers. Taxing Capital gains is a whole other issue. It has nothing to do with ordinary income tax.

 

Because it increases taxes on those that cannot afford it to lower it on those that will not even notice it.

 

Tax is just code for steal. If you believe this go rob some rich person yourself and don't pretend it's moral.

 

this

 

It is self-evident injustice to punish people in proportion as they contribute their labor to the wealth of the community. We should be taxing people for what they TAKE from the community, not what they GIVE to the community. Duh.

 

Envy and subjective moral outrage. What more do they need?

 

Wow. That is not what the Ordinary Income Tax Schedule has been since the inception of income tax. It is a tax on your earnings.
It has never had anything to do with contributions to the Community.

Wages paid for your labor should take into account your contribution/worth to the earnings/ profit the Company you work for makes.
Not Federal Income tax which is a tax on your personal wages/earnings. Two separate things.

With a flat tax there would likely be no tax owed by those at the poverty level of below a certain amount of income and take into account whether single or married and the number of dependants. The rest of of individual and family income would be taxed at one rate. I suggest 10%. I believe in this regard the Federal Government will actually taking in more tax dollars than they do now on Ordinary Income tax. And cost them less in Administrative cost.
Duh.

 

Which is why it is evil.

When you contribute to production of goods and services, you contribute to the community by relieving scarcity. Income tax punishes you for doing that.

No. Your labor contributes to production whether or not your employer makes any profit, and it is that contribution that you are paid for.

No. Income earned by labor is obtained in return for a contribution to production. It is therefore pure evil to tax it. I'm not sure there is any clearer or simpler way to explain that to you.

The rate is irrelevant. What matters is the BASE. Why should people be taxed according to what they CONTRIBUTE TO the community rather than what they TAKE FROM the community?

 

Ok I am listening. What do you mean by what they contribute to the community? Wages are commensurate with your worth to the business you work for. Not the entire Community your Business is located in. Obviously those workers that can be replaced easily because it takes no formal education beyond H.S. Are paid a lower wage than those workers that need a formal, specific education. Unless you want every worker to be paid the same, which is true Socialism and has never worked.

The subject of the thread is income tax and that some workers should be taxed at 99%. I disagree with that concept. But to make it totally fair and equal all Ordinary Income should be taxed at the same rate. 10 cents or millions.

 

Placing huge taxes on the wealthy is like volunteering them to be charitable. It's nonsensical. A just society would not do such a thing. Granted that charity is good. But genuine charity can only come from the heart of the giver by choice. It is impossible to owe or to be demanded as if it were owed.

 

Wow, what a moronic idea.

 

It's true that not all paid work is productive; but leaving that aside, if you contribute to production, that relieves scarcity generally. There's more to go around, and prices are lower. How do you think we have risen from the caves but by production?

I'd like to see free market wages. But we don't have anything like a free market because people's rights to liberty have been forcibly striped from them and given to the privileged, especially landowners.

Again: what on earth is fair about taxing people according to what they contribute? Why not tax them commensurately with what they TAKE??

 

I don't believe taxing according to contribution to Employers business is how you should be taxed, but what your salary should be based on. That is why our 5 employees are paid 20+ dollars an hour, fully vested in our profit sharing plan that requires they don't have to contribute but that we contribute to their account the same percentage we contribute. 3 weeks vacation and time off paid when they ask for day here and there. Paid sick with virtually no limit.

Are business relies on our employees that have been with us for 15-30 years.

You think landowners are priveliged? How so?

 

But that's what income tax does.

They own a legal entitlement to benefit from the abrogation of others' rights without making just compensation. That is privilege by definition. That is why landowners get rich without lifting a productive finger, while working people toil their lives away producing goods and services for others and end up with nothing.

 

I was going to respond but realize you don't understand that your salary is not based on income tax. Not do you understand that anyone can purchase a home or land both which are property. Many people aren't rich but borrow and purchase property.

In fact it you can find a home at a price you can afford, I suggest that given we have the lowest interest rates in last 30 years: you buy rather than rent as long as you can afford mortgage payment, monthly utilities. Insurance and any other monthly fees.

I bought homes and property most paid off in 15 years by sending extra principle every month if I could. Try to buy not rent because right now given high rents it is better to purchase a home.

By doing so, you are not hurting anyone and don't owe other citizens who have not taken the opportunities available them. I am not going to feel bad because I now own 3 homes, outright and 3 paid off cars. I and my husband budgeted to do this, saved what we could, raised two boys, paid for their College. I will never apologize for that and I definitely don't think I should pay a higher percentage of my income while 50% of workers pay nothing and still get income tax refunds. B.S.

 

People forcibly taking other people's stuff. Sounds like excellent economics.

 

You have provided no basis for that claim, nor will you ever be doing so.

No, only those who can obtain the money can do so. Your claims are objectively false. You are also attempting to evade the fact that a home had to be built, and therefore originally came into existence as its builder's rightful property, while land was never made by anyone, and was only made into property by forcibly removing everyone else's individual liberty right to use it.

Why should they have to pay someone else for permission to use what nature provided for all, free of charge?

You are trying to evade the difference between a home, which must be produced by labor, and land, which no one ever produced by labor.

You actually think my personal decision to buy land or not could have some relevance to this issue???

I understand that it is better to be on the landowners' escalator than on the producers' treadmill that powers it. Your efforts to climb onto the escalator does not justify the existence of the treadmill, sorry.

GARBAGE. Everyone is hurt by whoever owns the land and does not make just compensation to them for depriving them of their rights to liberty.

Whoever deprives others of what they would otherwise have owes just compensation for what they are taking. The opportunities are only available if one pays a landowner full market value for PERMISSION to access them.

Yes, and slave owners were equally unapologetic for owning slaves, on exactly the same grounds.

I'm not advocating income tax.

 

I can't get behind your idea of the state owning all land. I am opposed to monopolies.

 

I have stated many times that no one and no organization can rightly own land. You just falsely, disingenuously, and childishly repeat your claim that administration of possession and use in trust is ownership.

 

<yawn> When those people have forcibly taken the stuff in the first place, yes, it is.

 

So which people are going to prevent you from moving in on your neighbor's land?

 

Sounds like you have some crime's you need to report. Forcibly taking stuff. That sounds bad.