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Income Tax Was Always Meant To Burden The Common Man (archive.is)

posted 3 years ago by Ahaus667 3 years ago by Ahaus667 +39 / -0

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– TheImpossible1 15 points 3 years ago +15 / -0

Taxing asset gains regardless of whether the asset is sold or not is a horrendous idea.

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– deleted 11 points 3 years ago +11 / -0

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– SophiesBoyfriend 7 points 3 years ago +7 / -0

Imagine the extra reporting required to file a brand new WEALTH TAX -

every property would need to be valued every year.

Every bank account would have to be declared.

It could almost double the current (wasted) effort

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