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by JoeAltmaier
4464 days ago
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Sounds like 'vat' or something. Very European. Tax codes don't make sense, because they get diddled every year to meet some Senator's (Lobbyist's) pet purpose. Stir and bake for 100 years, and we have the baroque mess we're in. As somebody famous said, taxation is the art of 'getting the most feathers from the goose, with the least squawking'. Noting in there about making sense or being fair. Taxing wealth is similar to the old idea of the property tax, used 100's of years ago to encourage working idle lands in the hands of useless absentee-landlord lords and ladies. Worked pretty good. Maybe its time to do the same for bank accounts, investments etc. |
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