Post
Topic
Board Politics & Society
Re: Which tax is the least bad?
by
Khadaji
on 30/03/2014, 22:10:36 UTC
Google "straw man" - I never proposed a progressive taxation system so need not defend one.

If you have no interest in taxing a millionaire at a higher rate than you do his janitor, then we agree.

I would not tax either of them a penny on their wealth or income.  The one with more property will pay more tax and if it happens to be the millionaire, he will reduce the wage he pays his janitor.  Call it trickle down taxation.

The important thing is that both are encouraged to employ their assets and there is no penalty for success.

If you are only taxing those who own property, then you're intentionally pushing people into renting rather than ownership.

And since the government owns 28% of the land in the U.S. - that's 28% that will never be taxed.

Property tax on residential lettings is paid by the tenants through their rent.  If owning a property makes sense, the level of property tax is irrelevant as you pay it whether you own or rent.

Nope. Untrue.

You're now stating that people will be taxed even if they DON'T own property.

...snip...

Um.  

That's exactly how property tax is paid.  The landlord factors in the tax when setting rent.

You surely don't imagine that landlords operate as kindly souls and pay the property tax out of the goodness of our hearts?

Who goes to jail if the property tax isn't paid?