Quote:
Originally Posted by DAVES
Tax cheats? The reality is no one wants to pay taxes. Everyone wants stuff, services.
A tax deduction? It is fair if I get it. If, someone else gets a deduction that is cheating.
Reality, there is a line on the tax form where you can pay more tax, if you choose to.
It is interesting. Our constitution is four pages. Our tax code is one hundred and eighty THOUSAND pages.
We know if you tax something you will have less of it. If, you subsidize something you will have more of it. We tax WORK. We tax SAVING. We subsidize POVERTY. We subsidize DEBT.
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The US taxes INCOME from employment and from investments (investment income). The purpose of taxes is to give a government (federal, state, or local) the money that it needs to perform the tasks that the residents of that government want to have done and chose to have done by the voters in those governments. An individual may want a new bridge to be built in his city but he is powerless, by himself, to build it. A government can combine taxes paid by MANY
individuals to actually accomplish the building of this bridge - which is known as PROGRESS. Without government, each individual would still be in the Caveman period.
........A government often spends money to increase STABILITY and lawfulness in society. Everyone desires that. But, many complain when a government spends money to try to move individuals out of poverty or spends money on education. These complainers do not realize that they themselves benefit from that spent money because it gives them STABILITY and LAWFULNESS. It takes a government to build a bridge or a road, not just one shortsighted individual.
.......Any government needs tax revenue coming in. They COULD tas by many methods .....income, wealth, property value, number of children, by luck (or unluck ) of a lottery, by age, or by height. It could be any system using ANY variable. Obviously, INCOME is the normal variable of choice.