RE: A fair tax rate
October 9, 2021 at 2:39 pm
(This post was last modified: October 9, 2021 at 2:43 pm by onlinebiker.)
(October 9, 2021 at 2:04 pm)vulcanlogician Wrote: As a poor person with an income, I'd rather be a wealthy person with no income.
Same here...
But I' d hate to get taxed into poverty....
Think about this -
If a wealth tax was a one time deal - that would be fine.
But to tax a person' s wealth EVERY YEAR?
How would you like to be taxed on your income every year for every year you had income?
It' s the same thing - compounding tax upon tax....
Doesn' t sound fair to me.
