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A comment on Elon Musk moves to Texas. Parent comment

Re:Elon Musk moves to Texas by bagacrap on Wednesday December 09, 2020 @01:23PM (#25361850)
probably sales and property taxes

FWIW, broadly speaking, I'd rather see wealth taxes and estate taxes than income taxes. Income taxes disincentivize work, whereas wealth taxes penalize idleness.

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Re:Elon Musk moves to Texas by leveredequity on Wednesday December 09, 2020 @01:34PM (#25362074)
How does income tax disincentivize work? You still generate positive income with a tax.
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Re:Elon Musk moves to Texas by jessaustin on Thursday December 10, 2020 @12:02AM (#25369945)
We get less of things that are taxed. That's why there are punitive taxes on liquor, cigarettes, etc.
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