What you don’t understand is the income tax is already a 100% tax. $100 trying to pass just 5 hands at 30% income tax leaves only $15 left in circulation. 5 hands and it’s already all in the government’s hands.
What you don’t understand is the income tax is already a 100% tax. $100 trying to pass just 5 hands at 30% income tax leaves only $15 left in circulation. 5 hands and it’s already all in the government’s hands.
Property tax is also a 100% income tax as are car registration fees. Given enough time, people as a whole will have paid double or triple what the house was worth
Property tax is also a 100% income tax as are car registration fees. Given enough time, people as a whole will have paid double or triple what the house was worth
Yes but the income tax can take all dollars in circulation in five minutes if people choose to spend it that quickly.
It’s a tax on the fucking usage of the money itself.
Yes but the income tax can take all dollars in circulation in five minutes if people choose to spend it that quickly.
It’s a tax *on the fucking usage of the money itself*.
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