$500 a Month, No Strings: Chicago Experiments with a Guaranteed Income

Re:$500 a Month, No Strings: Chicago Experiments with a Guar... by pard68 on Wednesday February 15, 2023 @06:14AM (#34802364)

I'm assuming OP meant income tax. Those who say "taxation is theft" (Ron Paul's tribe) are referring to the Federal income tax exclusively. It's a catchy phrase that isn't descriptive enough. But too be fair, "federal income taxation is theft" isn't going to make a nice t-shirt.

Also, "half" doesn't matter and I shouldn't have mentioned it. What matters is OP made a serious statement and then the comment I replied to dismissed it out of hand. Regardless of total percent, its a view which you will encounter at a level high enough that this sort of dismissal has effectively shut you off to a very large group of people.

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Re:$500 a Month, No Strings: Chicago Experiments with a Guar... by RestlessMind on Wednesday February 15, 2023 @11:44AM (#34806487)

> I'm assuming OP meant income tax.

What are the principled differences between income vs other (sales, property, inheritance) taxes? And why does it matter whether it is at a federal level? We still need services at federal level, eg. to run our armies who are essential to deter potential invaders.

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Re:$500 a Month, No Strings: Chicago Experiments with a Guar... by pard68 on Wednesday February 15, 2023 @05:49PM (#34812010)

Mostly historic, federal income tax was illegal until the early 1900s. The other difference, as I understand (not well versed in this it's not my pet-problem, I just like to understand something of what drives others to think what they think) is that an income tax brings a double tax. Taxed on all incoming money and then taxed on nearly all out going money. Prior to the amendment that made the federal income tax, there was still a Federal government, they relied on tariffs and other such taxes instead.

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Re:$500 a Month, No Strings: Chicago Experiments with a Guar... by RestlessMind on Wednesday February 15, 2023 @11:49PM (#34815169)

> Mostly historic, federal income tax was illegal until the early 1900s.

So what? They followed a due process of getting the amendment ratified, which means there was overwhelming support for it. Seems pretty legit to me. If you don't like it, pass another amendment repealing it. If it is truly bad and people hate it, they will repeal it just like what they did to prohibition.

> an income tax brings a double tax.

And so? Ultimately, we the people want stuff (medicare, social security, defense, national parks...) so we gotta pay for it. If you think you have a better alternative, propose it. If you think the stuff people want is frivolous, propose repealing all that spending and see if people buy into your vision.

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Re:$500 a Month, No Strings: Chicago Experiments with a Guar... by pard68 on Thursday February 16, 2023 @09:06AM (#34818781)

You should consider asking someone who cares and believes this. I literally just thought the other guy was being uncharitable. Taxation as theft ain't my hill to die on.

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