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by altusbrown
1872 days ago
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Taxation is not confiscation, unless the taxation is punitively high. I'd argue it would likely need to be 100% to meet the common usage of it. The more you tax, the closer you get to banning or stopping activity. If a government sets a tax rate of 100% at say a certain threshold, it would be a poor planner that would be earning anything in that category no? |
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