I am totally serious. In honor of the upcoming Labor Day Holiday Weekend, allow me to pose the following (non-rhetorical) question: Why do we still allow the federal government (and many State governments) to tax our physical and mental labor, which is what an “income tax” basically amounts to? Go ahead and tax my capital gains, or my leisure activities, or my property, or my inheritance, or my wholesale or retail purchases, but for goodness’ sake, stop taxing my labor! Simply put, I don’t need a bunch of fancy jargon to obfuscate the self-evident truth that taxing people’s work is regressive and unjust–the moral equivalent of theft or forced labor. At the very least, the first $100,000 of one’s earnings should be tax free. What am I missing here? (PS: If you Google the phrase “abolish the income tax,” some very interesting things will pop up!)
You could make the same argument about any activity, in which case there would be no taxes and no government. What I object to is the fact that labor (earned income) is taxed in the U.S. far more aggressively than money made by virtue of already having money. Let’s rectify that first.
Reblogged this on prior probability and commented:
In honor of Labor Day, I am re-posting my screed against income taxes.
It was a bad tax to begin with.
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