Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror
×

Comment Re:I'm curious to see how many retailers actually (Score 1) 732

That's exactly it. We have some manner of reasonable restriction on the Government's ability to tax because there's no way to enforce the tax. Abandoning cash and forbidding barter would allow any ridiculous amount or type of taxation any jackass in office dreams up. Say some study shows that the color blue is calming and the color red decreases calmness, some nanny state type thinks that we need to encourage calmness so they impose a 2% tax on any item that is red in color.

LK

Comment Re:rob this person for guns here (Score 1) 899

As far as the fairness of a 100% inheritance tax, what does that do to the families of entrepreneurs who build companies in their lifetimes, sometimes huge billion-dollar companies that employ thousands of people and provide goods and services for millions?

What's ironic is that high inheritance tax rates empower corporations over small-medium sized businesses. A corporation will never age, never die, never have hairs. So while the government is extracting 25-50% of the value of a company every time an owner dies, corporations are just motoring along and paying the minimum tax allowed by law.

I do not wish to put words in the GP's mouth, but it's been my observation that people who want higher tax rates are often concerned with the domination that corporations have begun to wield over our society.

LK

Comment Re:rob this person for guns here (Score 1) 899

Heck, the income taxes in the late 50's through the early 80's did just that and the relative proportions of wealth in society remained quite stable. Then we slashed taxes on the high end and now more and more wealth is in fewer and fewer hands.

In the 50s, it wasn't unusual for a family to not have home telephone service. Through the early-mid 80s, it was usual for middle-class families to only have one television set.

So, yes, the change in tax policy coincided with and perhaps even caused the disparity but the total amount of wealth for all increased.

You're talking about cutting off your own nose to spite your face. You don't want the rich guys to have so much more than you do, but you don't seem to understand that you would have less too.

LK

Slashdot Top Deals

It's a naive, domestic operating system without any breeding, but I think you'll be amused by its presumption.

Working...