I am aware of hoarding and tax loopholes. Tax loopholes should be closed. I am also aware that although speculative investment happens, it is unrealistic that every vacant property would be simultaneously off the market to a point where new businesses could not obtain leases.
The only reason there are tax loopholes is because there is a
tax system in the first place.
Remove the system, et voilà!
...
You guys are not only stupid but dangerous.
Without the tax system, there would be no country. The government can either collect taxes or go into debt.
Someone needs to pay YOUR bills.
You misunderstand me. I was not advocating of removing the tax system. I was merely point out the fact that tax loopholes only exist because a tax system exists in the first place.
However, before the 16th amendment was created, how do you think the government made money? Not through taxes, but mostly free trade. There are alternatives to taxes.
I misunderstood, I thought you wanted to remove the tax system.
Today, the government needs taxes and lots of them. The debt interest payments increase every year, not to mention spending and the size of the government. You know, building border walls, fighting wars that cannot be won, spending money on immigrants etc.
There is no way the government can survive without taxes. They barely survive with them.
The reason the US government was able to survive off trade was because it was small and limited. However, today, the government is much bigger and therefore requires tax to function.