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by APLonDrugs 6429 days ago
“The debate about whether we should have income tax or not is somewhat moot outside of armed rebellion” I hope this is not true, I’d prefer a peaceful solution. I believe all things are possible, perhaps it is not possible because people think it is not. Even if you want it low, the best strategy may be to urge for abolishment, and the chances of getting low taxes go up. I was for low taxes, now I’m for abolishment. The more I learn about the system being rigged, the more I want it absolutely.
1 comments

Manhattan is a tax shelter? You certainly don't know much about Manhattan.

There were taxes prior to the income tax, they were just different taxes. A flat rate sales tax and no income tax would still be tax - it would just be easier to avoid.

"It does not surprise anyone when I tell them that the most important tax haven in the world is an island," international tax expert Marshall Langer pointed out in a speech last November. "They are surprised, however, when I tell them that the name of the island is Manhattan."

By OECD standards, we are the largest tax haven in the world. The United States, for example, source: https://www.reason.com/news/show/34248.html

the power to avoid, adds to freedom, not suggest with 19,000 pages of tax code though....

Ah I wasn't thinking of non-citizens, for me it is hard to think of it as a shelter when I pay significantly more tax now that I work in Manhattan than when I worked in New Jersey.