Honestly the only reason I’m against income tax is because we tried that in Vermont and because it also applied to poor people rich people moved and poor people had a harder time becoming middle class
That completely makes sense. Washington state has an interesting capital gains tax. You don’t get taxed at a state level unless you make more than 250,000 in a year. I think it’s a great way to only target the rich while allowing the poor and middle class to make some money untaxed at a state level.
That’s a pretty good idea but just as corporations have been screwing with Rossmans right to repair bills I find it unrealistic to assume the rich will do the same with income tax bills.
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Fines that are based on net-worth are even better. That way rich people with lots of assets (and little income) still get fined an appropriate amount.
Yeah, I would just love filling out those forms…
I guess you could find some edge case where someone had lots of assets that they could access for contract reasons so they basically housepoor.
Or you know they could stop breaking the rules the rest of us have to follow.
Honestly the only reason I’m against income tax is because we tried that in Vermont and because it also applied to poor people rich people moved and poor people had a harder time becoming middle class
That completely makes sense. Washington state has an interesting capital gains tax. You don’t get taxed at a state level unless you make more than 250,000 in a year. I think it’s a great way to only target the rich while allowing the poor and middle class to make some money untaxed at a state level.
That’s a pretty good idea but just as corporations have been screwing with Rossmans right to repair bills I find it unrealistic to assume the rich will do the same with income tax bills.