.: Wealth Tax Top Related Articles
1). How Taxing Utilities Can Keep Governments In Check
Under free market, all companies can talk all they want that all the stuff they put there is for my own good. However, if the product is overpriced or if it doesn’t serve my interest to get the product, I just don’t buy it.
No companies, full with corruption and inefficiency, will last in the market, unless it is governments companies.
The same mechanism doesn’t apply to governments program.
Article tags: income tax, wealth tax, oppresive tax
2). Why Income Tax Hurt Income Earners And Workers
All wealth redistribution comes in the form of the equivalent of tax and welfare. However, you need to be careful. Incorrect taxation schemes can result in less wealth for you. You see, by reading this website I would suppose that you’re poor or middle class wanting to skyrocket your income, right. Rich means owning a lot of money. If you’re poor and would want to get rich, you need to have a lot of income.
Article tags: income tax, wealth tax, property tax, oppresive tax
3). How Wealth Tax Is Better Than Income Tax
Wealth Tax
Do you want to move money from the wealthy to the poor? Well, tax wealth.
Wealth tax causes far less market distortion, and hence, much fairer than income tax. Wealth tax hurt productivity less. If you live in a capitalistic country, then your income is yours fairly. However, Bob’s wealth might not be traceable to productivity. Bob might have gotten his wealth through inheritance gained through slavery, or genocide.
Article tags: income tax, wealth tax, oppresive tax