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by sykh
2936 days ago
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One can not credibly equate income taxes to theft. We live in a society and it costs money for the society to function. Police, courts, roads, sewers, military, etc. require funds and everyone with the means to do so ought to contribute. I doubt anything I say can possibly change your mind but if you really think paying taxes is a form of theft then leave the country. You are not forced to stay (unless you are in a place like North Korea). You lose any credibility you have when you equate taxation to theft. |
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And there is a point at which it becomes theft, it's just a question of where: 60% of income, 85% of income, 95% of income? As it is right now, in the US we currently pay 38% of our incomes to the govt: https://tradingeconomics.com/united-states/government-spendi...
And if you live in New York or CA, you can bet, it's much much higher than that, both because the state taxes are higher and because of the higher COT which results in being at a higher federal income tax bracket.
Now, you may not see those income taxes all in your pay check because some of it gets paid by your company: those are lost wages that could've gone to workers. For consumer products, People think that they don't pay taxes that corporations pay. But, in a competitive economy, it's you, the customer that ends up paying for it. There's many many more.
Let's say 50% of your income goes to taxes. It's actually worse than you think. Because with the 50% that's left over, your buying power has been further reduced because any labor you purchase is taxed, which raises the cost of that labor by that amount. That's how you end up in a situation where you can't even afford to work because Day care costs nearly as much as your net salary.