Which tax do you hate more? \ stacker news ~econ

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541 sats \ 59 comments \ @Rothbardian_fanatic 21 Oct econ

We all hate one tax or another, or even all of them. However, it seems there is no way to escape them without getting some consequences applied by the state. So, which is the one you would like to exccape the most due to hating it the most?

Federal Income26.3%

Property26.3%

Social Security0.0%

Medicare0.0%

State Income0.0%

Value Added10.5%

Capital Gains21.1%

Inventory0.0%

Corporate0.0%

Other - explain in chat15.8%

19 votes \ poll ended

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10 sats \ 3 replies \ @f6287b82CC84bcbd 22 Oct

All of the above. Taxation is theft.

infrastructure, roads, education, hospitals, and emergency services can all be funded directly.

It's already known that private sector does a better job. Go to a private hospital vs a government hospital and you will see the difference.

0 sats \ 2 replies \ @Rothbardian_fanatic OP 22 Oct

Yes, but perfection is the enemy of the possible. Is there a step you would take to begin the process of getting rid of all taxes?

0 sats \ 1 reply \ @f6287b82CC84bcbd 22 Oct

right away with sound money which can only be issued by proof of work

0 sats \ 0 replies \ @Rothbardian_fanatic OP 22 Oct

OK, that could be a first step. A necessary first step.

10 sats \ 29 replies \ @DesertDave 22 Oct

The ones where someone else thinks they have a right to anything that I earned for no reason. I'm a ghost.

11 sats \ 16 replies \ @Solomonsatoshi 22 Oct

You don't want to pay for free education, roads, libraries and other infrastructure, defense and environmental protections?

11 sats \ 0 replies \ @Rothbardian_fanatic OP 22 Oct

Free, FREEEEEEE! Yes, everything for free. But my only question is if it is free to you who is paying for it? TANSTAAFL

0 sats \ 14 replies \ @DesertDave 22 Oct

No thank you. I want I live in nature in a small communities where we don't need any of those "services". We can make our own roads and teach our own children. And the rest of it is nonsense to me. Just my opinion. I know other people want to live differently than I do.

11 sats \ 13 replies \ @Solomonsatoshi 22 Oct

Largely agree with you and you can do that but not everyone has that choice to get out from the city. Even living in the country can appreciate some public services like libraries...although the internet and e-books have reduced their value perhaps. Definitely good to reduce our dependence upon the state and live as free and independently as we can - its a great feeling being more self reliant.

0 sats \ 12 replies \ @Rothbardian_fanatic OP 22 Oct

But still, Mr. Taxman will come for YOU for whatever you have. Robbers have no barriers to their greed. Those “services” can be provided by someone, NOT the state.

0 sats \ 11 replies \ @Solomonsatoshi 22 Oct

Personally I don't feel overtaxed but IMO most workers and consumers are paying more tax than they should while very wealthy rich pricks fund politicians to give them tax cuts.

The private sector will never provision sound foreign policy, trade negotiations, military, policing, major infrastructure, fundamental science research etc.

A mixed economy with mostly free markets and some state provision is the ideal. To achieve this you need an involved public who participate in the democratic process- something that becomes difficult over time but something that we can all contribute to.

The wealthy rich pricks like to foster the belief that all politics is corrupt and so make citizens cynical and disengaged- all the better for their crony capitalism. This is what is destroying liberal western democracies as much as anything else.

110 sats \ 10 replies \ @f6287b82CC84bcbd 29 Oct

military is definitely not needed.

All wars are bankster wars.

10 sats \ 8 replies \ @Solomonsatoshi 29 Oct

If you don't have military you will be a slave, or dead, to others who do have military, surely?

This has been the case under fiat and gold standard and all monetary systems.

Bitcoin cannot end the relentless competition for resources that began ever since DNA showed up.

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1 sat \ 0 replies \ @DesertDave 29 Oct

I agree. Let that shit go. Let's just let others be. We can do it. I know I can.

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11 sats \ 11 replies \ @Rothbardian_fanatic OP 22 Oct

Don’t they think that they have the right to everything you own and earn, even your body? Sure looked like it in 2020.

10 sats \ 10 replies \ @DesertDave 22 Oct

Yeah. 2020 was when I saw the writing on the wall and left the city.

0 sats \ 9 replies \ @Rothbardian_fanatic OP 22 Oct

I wasn’t quite in that situation, myself, however, a farm in the country with a mote around it would be perfect!

0 sats \ 8 replies \ @DesertDave 22 Oct

Yes. We still have a lot of work to be more self sustaining. With food especially.

82 sats \ 5 replies \ @Solomonsatoshi 22 Oct

#734180

Listen to Joe Salatin to get inspired! Brilliant podcast about regenerative farming. Relates too so well to your post the other day about 'do cows have feelings'.

0 sats \ 4 replies \ @Rothbardian_fanatic OP 22 Oct

He has some really great ideas. I would like to be able to revive land as he does. Where I live, we have a few inches of topsoil and everything under that is really beautiful sand — it would be great for rammed earth buildings but not a lot else.

21 sats \ 3 replies \ @Solomonsatoshi 22 Oct

Yes am on similar land with mostly stone/rocks (glacial and river wash) beneath the thin layer of windblown topsoil- however am hoping with trees and livestock to get things working. Already the soil is improving and have a garden growing most of our vegetables. Previously the land was a monoculture and the soil is seriously depleted but over time it can be rebuilt. Just digging kitchen scraps and manure into the soil gets things started.

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15 sats \ 1 reply \ @Rothbardian_fanatic OP 22 Oct

I look at intensive gardening practices now. We also do hydroponics, when I can get out to the garden in my backyard.

2 sats \ 0 replies \ @DesertDave 22 Oct

Awesome. That's a great skill

10 sats \ 5 replies \ @BlokchainB 21 Oct

I read North Dakota put abolishing property tax on the ballot this election year. Be very interesting to see if it passes.

73 sats \ 4 replies \ @Rothbardian_fanatic OP 21 Oct

Why wouldn’t it pass? What a great idea to do! I wish other places could do the same!! I think people will be climbing over each other to get to the ballots to kill that tax!!

0 sats \ 3 replies \ @BlokchainB 21 Oct

As with anything a $3.3B budget hole will form and state services may falter.

State doesn’t know how to fill that Gap

82 sats \ 2 replies \ @Rothbardian_fanatic OP 21 Oct

Why not let them cut state spending and leave everything to the markets to take care of? There could be a lot of state workers axed from the payroll and made to live on the markets.

10 sats \ 1 reply \ @BlokchainB 22 Oct

Sounds logical but markets aren’t always efficient at allocating human labor.

0 sats \ 0 replies \ @Rothbardian_fanatic OP 22 Oct

Yes, I guess we could go full government control of the labor battalions as well as the deployment of all capital. Yes, definitely a winning combination, full control!

10 sats \ 1 reply \ @DEADBEEF 21 Oct

Property tax for me - you mean I have to keep paying for land that I already bought? Then that means I don’t really own it and I’m just renting it from the state. Where I live there isn’t a value added tax but if there was that would be a close second.

10 sats \ 0 replies \ @Rothbardian_fanatic OP 21 Oct

I feel your pain on that one!!! It is a total rip off adjusted by the state appraisers. They don’t use the proper measure, local comparable properties. Therefore the taxes are basically a scam.

10 sats \ 3 replies \ @Undisciplined 21 Oct

I generally hate taxes more the less avoidable they are. Property taxes are probably the least avoidable.

38 sats \ 2 replies \ @Rothbardian_fanatic OP 21 Oct

Yes, but it looks like the federal government, under the current regime, is willing to put a capital gains tax on Bitcoin, of all things!!

10 sats \ 1 reply \ @Undisciplined 21 Oct

Good luck with that. They also try to tax tips and yard sales.

38 sats \ 0 replies \ @Rothbardian_fanatic OP 21 Oct

I guess they will try to steal (tax) anything that is not tied down well!

0 sats \ 5 replies \ @TheWildHustle 22 Oct

Property tax is hilarious.

0 sats \ 4 replies \ @Rothbardian_fanatic OP 22 Oct

It may be hilarious to you, but if you get hit by it every single damn year, you might laugh out the other side of your face. There is serious money being taken for property you are paying on or have paid off. No fun at all. If you have no mortgage, you have to write a check directly to your county each half and deliver it to the clerk. It is a different matter if you are paying a mortgage and tax and insurance through those escrow accounts! You pay monthly vs. twice a year. Again, no fun.

10 sats \ 3 replies \ @TheWildHustle 22 Oct

Your assuming I don't have a mortgage.

I also think your assuming that by "hilarious" I meant fun, or right, or enjoyable, or cool, or justified, or good.

By "hilarious" I meant retarded, stupid, worthy of derision and mockery.

I chose property tax as the tax I hated most.

Apologies for the confusion Apologies for inciting a two paragraph rebuttal of the use of the word "hilarious" in regards to taxes which I deem to be silly...... Apologies if "silly" is an inappropriate word to describe clown world nonsense.

20 sats \ 2 replies \ @Rothbardian_fanatic OP 22 Oct

No apologies necessary. It was my mistake to take ‘hilarious’ as I did. I guess I am coming from the same place as you are. I have had to pay it both ways and both ways are too many ways. As you can see from my NYM, I am no fan of any tax or government.

10 sats \ 1 reply \ @TheWildHustle 22 Oct

All good brother.

0 sats \ 0 replies \ @Rothbardian_fanatic OP 22 Oct

Thanks!

0 sats \ 0 replies \ @Solomonsatoshi 22 Oct

Value added as it is a stealth tax on productive activity- it is another income tax on production.

0 sats \ 2 replies \ @didiplaywell 22 Oct

I hate all of them, but tax on property is the worst, because it ensures absolutely nothing can ever be truly yours, not even if you buy it in all law.

20 sats \ 1 reply \ @Rothbardian_fanatic OP 22 Oct

I agree, what is yours is yours and whaat is mine is mine. Those tax collectors think differently. What’s yours is theirs and what is theirs is theirs. I have also heard this said about older sisters and younger sisters.

0 sats \ 0 replies \ @didiplaywell 22 Oct

100%

0 sats \ 1 reply \ @chaoticalHeavy 22 Oct

all of them

0 sats \ 0 replies \ @Rothbardian_fanatic OP 22 Oct

Yep, at tax is a tax, just like a theft is a theft (but I repeat myself).

0 sats \ 0 replies \ @Rothbardian_fanatic OP 21 Oct

As I recall, aren’t tax collectors the most despised of people, according to religious writings? Always getting disrupted and such.