Re:The Rich Can't Get Richer Forever
by Scoundreller on Sunday September 01, 2019 @04:15PM
(#20854579)
Unless you’re taxing something at the time of exchange on a free-market, there’s always approximations.
Plenty of jurisdictions do market-value property taxes by using market data and creating models to approximate the rest.
It’s never perfect, but the line in the sand must be drawn.
Other taxes have the same approximation issues. Income taxes don’t really tax all the value I provide. Any social person barters plenty of value that goes untaxed, but technically should be.
Plenty of jurisdictions do market-value property taxes by using market data and creating models to approximate the rest.
It’s never perfect, but the line in the sand must be drawn.
Other taxes have the same approximation issues. Income taxes don’t really tax all the value I provide. Any social person barters plenty of value that goes untaxed, but technically should be.