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barchar | 4 months ago

It's somewhat easier to administer an income tax. It's (more) counter cyclical due to bracket creep. it might help deal with internal trade imbalances.

And it might be good to try and limit accumulation even if the accumulation doesn't have real economic effects; it can still create resentment or bestow power.

discuss

order

pdonis|4 months ago

> It's somewhat easier to administer an income tax.

Um, what? It requires huge government agencies, a ton of impenetrable regulations, and a lot of bother for people who have to file.

Whereas we already have a much simpler system for assessing sales tax whenever people make purchases.