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The proposed Unrealized Capital Gains Tax

#25

(10-27-2021, 07:44 PM)StroudCrowd1 Wrote:
(10-27-2021, 07:15 PM)mikesez Wrote: Taxation is essential to the authority of government and it is also the basis of paper currency.
If you pay no taxes, no one governs you.
If you owe no taxes in dollars, you don't care if your customers and vendors want to switch to euros or bitcoins. 
Taxes have been around for thousands of years and will continue to be the basis of government and society for thousands more.  It is not theft.  It is social glue.

Is there a limit to taxation where it changes from social glue to theft in your eyes?

Absolutely. Taking the last milking goat or the last laying hen from a family on the verge of starvation is theft. Taking beyond what was authorized by a general law is theft. Taking more because you belong to a certain ethnic group is theft. Taking at a marginal rate greater than one is theft. So in theory there are many ways that taxation can become theft, but all of these are way beyond the realm of possibility for the American tax system.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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Messages In This Thread
homebiscuit - by homebiscuit - 10-27-2021, 02:13 PM
homebiscuit - by homebiscuit - 10-27-2021, 03:00 PM
RE: The proposed Unrealized Capital Gains Tax - by mikesez - 10-27-2021, 08:10 PM
Copycat - by copycat - 10-27-2021, 08:18 PM
RE: Copycat - by navyjagfan - 10-27-2021, 10:33 PM
RE: Copycat - by captivating - 10-28-2021, 04:16 AM



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