this post was submitted on 03 Jul 2025
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No Stupid Questions

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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

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[–] [email protected] 6 points 1 day ago (2 children)

People will go to the library to Google about when trump will remove income and federal taxes screaming that it's a waste of their money, not knowing that the library a federal building paid for by their taxes.

I don't get it either. The US is down here on the lower end for how much we pay into taxes. We just get hardly any benefits from it since it all goes to our military. But on average we only pay a relatively small percentage compared to the rest of the world.

I'll put my 2 cents in though. I'd gladly pay a higher tax percentage to save $800 a month for health insurance that doesn't even work until I spend $7500 first.

[–] [email protected] 3 points 1 day ago

Fucking deductibles. I just hit my $3500 on June 30th.

Our year reset on July 1st.

[–] [email protected] 1 points 1 day ago (1 children)

it does not all go to the military,

interest on debt is the highest expense but the second highest is social security followed by military

I hate social security personally the significant amount of the collectors have taken out more then they put in and I woudl prefer a more traditiona l welfare system

Conservatives like social security because it is welfare that pretends to be earned

[–] [email protected] 5 points 1 day ago

Conservatives don't like social security they want to get rid of it or cut it