this post was submitted on 19 Aug 2024
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[–] vaultdweller013 1 points 3 months ago (1 children)

Oh certainly but heres the thing we live in a legalistic society and the sons of bitches would figure out some way of fucking up that type of tax.

[–] ultramaven 1 points 3 months ago (1 children)

Well you brought up like the most manipulatable resource as a means of taxation, so I see why you feel they’d always win. I mean Trump’s entire career has been made simply lying about the value of his assets when it suited him. That’s not a “loophole”, inasmuch as it’s fraud that isn’t caught.

You want it to end? Give the IRS more money. Allow the FEC to attack monopolies and monopsonies. The rich simply lie and print advertisements convincing rubes to destroy the system. Regulate the news, advertising. “Ohh but mah freeze peach”, well then you get unregulated, untaxable, unrestrained capitalistic greed.

[–] vaultdweller013 1 points 3 months ago

Fair enough, but I still would say taxing income of companies and businesses in general seems like a generally bad idea. Id rather not take out the local apple orchards just to take down apple. Still I feel like the easiest method to cripple most companies is to outlaw stock for everything outside of maybe resource extraction and maybe a handful of others.