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re: GOP tax document reveals plan for massive tax cuts, preserves key deductions

Posted on 9/27/17 at 11:55 am to
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 9/27/17 at 11:55 am to
quote:

Iosh, what are your ideological views on taxes? What do you think is a fair rate for ilhighest earners?
Taxes I like (relatively):
Pigouvian taxes
Property taxes
Estate taxes
Sales/VAT

Taxes I (especially) don't like:
Payroll taxes
Corporate taxes
Capital gains taxes
Tariffs

Plus the usual paeans to fewer deductions. Income tax isn't the best but we're kind of stuck with it structurally so I didn't put it in either category.

"Fairness" isn't really a consideration for me here, there's no magical numeric threshold of justice that turns the social contract into unconscionable theft. A 50% rate would be fine with me in theory if it came with massive cuts to the stuff in my dislike list. In general I think taxes should be high enough to pay for what government does. I'm not offended by progressive taxation but would prefer a flat tax iff it came with a muscular EITC credited monthly as a foundation for a future NIT/UBI.
This post was edited on 9/27/17 at 11:57 am
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