I don’t get this, the only argument is the like Austrian school taxation is theft argument but in that case all the taxes that income tax haters like are also just as much theft.
You see a new article every week about why we need to get rid of income tax and replace it with some asinine “progressive consumption tax” that allows for poor people to write some stuff off but not other stuff its a mess.
every inane over complicated solution always runs into either not making enough, being to expensive to enforce and calculate or being regressive
even in Europe which comes the closest to this with the use of vats but income tax is still their main cash cow
this is a solution in search of a problem income tax works, economist agree when done right (as in you don’t raise income tax 50% in a day)it has the least distortion, it’s easy to collect and raises massive revenue
Obviously I agree that the rich should pay more in taxes that is common sense, but the idea we could run an economy without taxing anyone deemed “middle class” is a fantasy.
People love the European welfare state, here is the thing European taxation is way less progressive people of all income brackets pay more in taxes, I am not saying that is wrong but the fact is most Americans would hate it.
In the nordics it is a cultural assumption that everyone pays, yes even poor people.
European income tax rates are way flatter with the top income level kicking in earlier.
No it isn’t, the US was like that. They taxed everyone to fund a war then put it back, then did it again but didn’t put it back because they keep the money and here we are.