In light of Seattle’s upcoming court case on income tax, and the national fights over increasingly arcane components of income tax policy it’s time for a a hot take! (*Pending replacement with a cool new term I can make my own*)
Income tax is bad tax policy regardless of your political beliefs.
Conservative Philosophically it’s bad – its a tax on the fruits of own labors and those working to contribute more to soceity end up paying more Liberal Philosophically it’s bad – income is primarily associated with the lower classes and not the owning classes that have much more ability […]
Full Post at syncreticabstractions.com