Re: News: Tax Protesters - Hovind in the news again.



On Tue, 01 May 2007 12:15:58 -0400,
Kevin Wayne Williams <kww.nihongo@xxxxxxxxxxx> wrote:
AC wrote:
On Mon, 30 Apr 2007 22:18:17 -0400,
Kevin Wayne Williams <kww.nihongo@xxxxxxxxxxx> wrote:
AC wrote:
On Sun, 29 Apr 2007 22:17:21 -0400,
Kevin Wayne Williams <kww.nihongo@xxxxxxxxxxx> wrote:
That is where we have a fundamental disagreement. It isn't fair to tax
anyone for more than the amount that providing him with the services he
received costs. A certain amount of unfairness in that regard is
unavoidable, but I still have a hard time seeing an accounting where
Wesley cost the government anywhere near $12M.
What is this "fair" you speak of? would it be fair, for instance to
reproportion taxation so that every person paid an equal percentage of
the tax burden?
No. "Fair" (an impossible standard to meet, BTW) would be to charge each
person the cost of providing the services he received.

So let's see. We have ten thousand taxpayers. Say 5% live below the poverty
line. The taxation authority decides to build a highway. Your saying that
the 5% who are already barely existing will be paying exactly the same tax
amount as the top 5%? Just how long do you suppose that would work?
Note the phrase "an impossible standard to meet, BTW".

Is it possible that various tax theorists throughout history have considered
these issues already? That they were and are perfectly aware that no fair
system can exist, and even the notion of fair is heavily dependent upon
each individual situation that you could not build any kind of tax system
upon that notion.


Just what formula do you propose to produce which will be "fair" by
your standards?

My personal favorite is the institution of 100% estate taxation and the
elimination of income taxation. Let Bill Gates and Sam Walton (and even
Wesley Snipes) accumulate obscene piles of wealth while they are alive,
and snatch it all away when they are dead. Put onerous safeguards in
place that ensure the money doesn't get squirreled into the kids pockets
somehow, even if it involves complete confiscation of all assets during
life. The first few times a millionaire winds up homeless and penniless
because he tried to evade estate taxation, they'd get the hint that
somehow Junior was going to have to earn his own way.

That kinda violates the notion of property, no? In common law, property
is something that you can leave to your heirs.
That is one aspect of it, yes. But estate taxes have been around a long,
long, time. Much like "wages are things you earn for work, except for
the part the government takes."

No estate tax that I'm aware has ever seized 100% of a property.



Sooner or later, any real tax system becomes unfair. It charges people
that can afford to pay in order to provide for people that can't. It's
unavoidable. Better to take the money from the dead than from the
living. They can't bitch, and their living expenses are low.

So, in your theoretical model, if I give my kids $20,000 to finance the
purchase of a new house, the government will be clawing back my gift
at the time of my death?

Nope. When you gave it to your kids, you would be charged with
attempting to evade estate tax, and they would take it right then. Plus
a fine, probably, much the way it works with income tax. Your kids would
be forced to find their own way through life. It has an inherent
leveling effect: the children of poor families wouldn't get things from
their parents because there isn't anything to get, and the children of
middle-class and wealthy families wouldn't get anything because it would
be illegal. It should decrease institutionalized poverty and reduce the
disparity in wealth distribution, both of which would seem to be desirable.

Let's take this further. What if they buy the house and then turn over the
mortgage to their kids? What if they give their kids $5 to go so a movie?
What if they pay for their kids food?

I'm sorry. Your proposed system may actually be the worst tax system I've
ever heard of.

--
Aaron Clausen
mightymartianca@xxxxxxxxx

.



Relevant Pages

  • Re: News: Tax Protesters - Hovind in the news again.
    ... A certain amount of unfairness in that regard is ... The taxation authority decides to build a highway. ... the 5% who are already barely existing will be paying exactly the same tax ... Your kids would ...
    (talk.origins)
  • Re: Paying for Katrina
    ... As I understand it the dad had five kids so back in the 70s he bought ... skyrocketing real estate market. ... other way to raise the money it would take to pay the tax. ... > American Farm Bureau Federation could not cite a single case of a family ...
    (rec.martial-arts)
  • Re: News: Tax Protesters - Hovind in the news again.
    ... The taxation authority decides to build a highway. ... the 5% who are already barely existing will be paying exactly the same tax ... My personal favorite is the institution of 100% estate taxation and the ... So, in your theoretical model, if I give my kids $20,000 to finance the ...
    (talk.origins)
  • Re: how to compare living standards
    ... after first paying the estate tax on that portion ... of the survivor trust that exceeds the exemption amount. ... If it is soooo easy to avoid the estate ... mean could I create a foundation for my kids to run? ...
    (sci.econ)
  • Re: News: Tax Protesters - Hovind in the news again.
    ... percentage of the tax burden? ... The taxation authority decides to build a highway. ... tried to evade estate taxation, they'd get the hint that somehow ... So, in your theoretical model, if I give my kids $20,000 to finance ...
    (talk.origins)

Loading