Subject:
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Re: Preaching to the Choir
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Mon, 9 Aug 2004 18:51:28 GMT
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Viewed:
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1875 times
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In lugnet.off-topic.debate, Christopher L. Weeks wrote:
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In lugnet.off-topic.debate, Dave Schuler wrote:
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I think I snipped it, but you asked for the proper tax rate for the wealthy.
Here’s my suggestion: for one year, tax the wealthy at zero percent for
anything that they earned on their own without help or protection from
“society.” Anything in excess of, say, $500,000.00 that was acquired or
“earned” under the military, economic, industrial, corporate, or consumerist
protections of society should be eligible for taxation at a rate of 100%,
since the individual is beholden to society for those earnings.
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Why is income tax better than either of: a wealth tax or setting a common
earnings per hour rate across the nation and acting as a public work
clearinghouse?
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I need to plead ignorance and ask for clarification: By “wealth tax” do you
mean a tax on acquisitions/already-held holdings separate from income? And does
“common earnings per hour rate” mean that everyone would get the same hourly
wage regardless of profession?
Not trying to be obtuse. For all I know these might be well-established econmic
terms that are unfamiliar to me.
Dave!
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Message has 1 Reply:
 | | Re: Preaching to the Choir
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| (...) Oh, I was just making the terms up, for all I know. I guess I should have explicated. (...) Yes. I see it as a sure-fire loop-hole avoidance scheme. If all property is taxed, regardless of who owns it, then the rich -- even when trying to (...) (20 years ago, 9-Aug-04, to lugnet.off-topic.debate, FTX)
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Message is in Reply To:
| | Re: Preaching to the Choir
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| (...) Why is income tax better than either of: a wealth tax or setting a common earnings per hour rate across the nation and acting as a public work clearinghouse? Chris (20 years ago, 9-Aug-04, to lugnet.off-topic.debate, FTX)
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