Khadaji - in the real world, the state does provide an educated workforce and commercial infrastructure that will give the wealthy woman a better return on her taxes if the only way of raising tax is a sales tax. To argue for a tax system on the basis that you don't think the state should provide education is to ask us enter a parallel universe.
And yet, people became wealthy thousands of years ago, with no
public education system whatsoever.
You asked what I think a fair system would be?
Until you define the term "fair" - we won't be speaking of the same topic.
In a democracy, I think a system that is has no impact on the spread of wealth and power in society is fair.
Then you aren't in favor of progressive tax systems... good to see you agree with me.
It doesn't matter if people make huge amounts of money or inherit it. It stinks if the tax system gives it to them just because they were born in the right place. That is my objection to ideas like flat taxes and sales taxes - they give a much bigger return on tax paid to those who need an educated workforce and a well run economy.
Oops... I guess you really didn't mean what you said. You
ARE in favor of a taxing system that inhibits the free growth of wealth & power.
If that growth in wealth is achieved by redistribution through the tax system, there has to be a very good reason for it.
You make a false statement without any citation or support, then conclude that your opinions on taxation are correct based on that false statement.
Progressive taxation takes away the very capital needed by those who are best posed to create real wealth. You undoubtedly believe that the government can more effectively spend that capitol than the people who EARNED it.
I don't see that there is a good reason to redistribute towards the wealthy so naturally I oppose any tax system that does just that.
The wealthy do not benefit from progressive taxation, nor would their wealth be created hypothetically with a flat tax.
In any case, a sales tax does not encourage the use of assets.
Neither does a progressive tax. You wish to punish the very people who've
DEMONSTRATED by their very wealth that they can use their assets most effectively.
A resource tax does.
No, it merely drains capitol from the very people who've proven that they can make the most effective use of it.
On that basis alone, its a no brainer as to which is the better tax.
A
conclusion based on faulty data will rarely be accurate.