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Originally Posted by topfiverecords
Situated between some imaginary lines and suddenly oil revenue is his. Just a horrible perspective to live under. Hate those people.
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Quote:
Originally Posted by DJones
Just spent two days explaining how and why I think sales and property taxes should be the basis of our tax system and I get a "lol obviously the current system is best" response.
#### off and go read anything
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I'm a full blown Georgist who would love to go all in on LVT and Pigouvian taxes. But it seems that's the only common ground we share.
Sadly the proliferation of direct deposit (among many other reasons) makes it unlikely we ever move away from income taxes. Because income taxes are basically invisible now; people's only exposure to them is filing once a year and then typically getting a refund (yay!).
For anyone wishing we could better tax corporations and wealth in general, taxing land (and only land - improvements on the land should be encouraged, not punished!) is the most effective way to do both.