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ap99 | 17 days ago

You can only tax people so much before it's too much.

effective tax rates

0% ... not realistic outside very unique circumstances. 25% ... feels fair to me. 33% ... still fair but yeah 1 out of every 3 days worked you start to feel that. 50% ... the border of fair and unfair. if i keep less than half of what i make, that feeling of fairness wears thin.

Now, when you are near that border of fair and unfair and then you see John Q Artist getting his whole list comped using tax money that pushes the somewhat fair into unfair territory real fast.

Now, we already have situations similar to this in most countries either from subsidies, gov't spending you don't agree with, corruption, waste, etc.

All of that should be reduced but when you see your neighbor living free while you slave away you feel that differently.

discuss

order

dns_snek|17 days ago

Which tax rates? We have dozens. What determines fairness is how the resources in our society are allocated once all is said and done. Income, tax rates, and even money itself is just an abstraction.

> if i keep less than half of what i make, that feeling of fairness wears thin.

How fairly you made that money in the first place and what you get in return in the form of government services makes all the difference.

instig007|17 days ago

> What determines fairness is how the resources in our society are allocated once all is said and done.

I propose allocating upfront the work, so that those who disagree don't have to contribute into the "done" part of those who allocate it in a weird way.

dgb23|17 days ago

Ireland is a tax haven though?

cucumber3732842|17 days ago

>Ireland is a tax haven though?

For select megacorps that have the luxury of being in a business that lets them structure themselves that way, sure.

For the laboring peasantry it's a very different story (though the actual rates vary, this goes for most "tax havens"). Ireland in particular has a high VAT so if you spend a lot of your income on consumption (which most individuals do) you will get very screwed by that.

closewith|17 days ago

Definitely not a tax haven for the population. It has the highest income redistribution in Europe.

TheSpiceIsLife|17 days ago

It has a tendency to lead societies to do things like round up all the artists and intellectuals and against-the-wall when-the-revolution-comes them.

jimnotgym|17 days ago

What has that got to do with my comment?

Xunjin|17 days ago

Literally nothing... I'm just lost like you are, I assume he is bringing other discussions IRL without providing context.