Bryan
Club Member
Posts: 17 
Year at Virginia Tech: Senior
Major at Virginia Tech: Residential Environments and Design
Current Political Identity: Libertarian/Minarchist
|
Post by Bryan on Apr 20, 2015 12:36:46 GMT -5
Now I know most people in the club would prefer no taxes, but I would like to see what people think would be a good alternative (since most if not all candidates aren't proposing no taxes). There are a few candidates on the Republican side that talk about flat taxes, and Rubio (I believe) talks about simplifying it to two tax rates (like that hasn't been done before, right?). Let me know if you need a clarification on the difference between the two!
|
|
|
|
Post by Sebastian on Apr 20, 2015 13:11:59 GMT -5
Would this apply to just income tax, or all taxes such as Estate etc?
|
|
Bryan
Club Member
Posts: 17
Year at Virginia Tech: Senior
Major at Virginia Tech: Residential Environments and Design
Current Political Identity: Libertarian/Minarchist
|
Post by Bryan on Apr 20, 2015 14:36:18 GMT -5
Well I would assume income tax, since none have actually mentioned the Estate tax.
|
|
|
|
Post by Ashley Charles on Apr 20, 2015 18:15:10 GMT -5
There's a lot I don't know about taxation, but I feel like a federal consumption tax similar to what Gary Johnson advocates sounds like a step in the right direction. (My inner anarchist is screaming ABOLISH THE IRS AND NO TAXES, haha)
|
|
Bryan
Club Member
Posts: 17
Year at Virginia Tech: Senior
Major at Virginia Tech: Residential Environments and Design
Current Political Identity: Libertarian/Minarchist
|
Post by Bryan on Apr 21, 2015 10:04:17 GMT -5
Ashley, I believe a consumption tax is closer to what the Fair Tax is about. According to fairtax.org, the Fair Tax would put in place a National Sales tax. This, as with consumption tax, would tax on what you spend and not what you earn. I am fine with this and it leaves more money in the hands of the person which in turn would increase their chances of spending that money in the economy. Here is the website if you are interested in learning more: fairtax.org/about/how-fairtax-works |
|
Clyde
Bird
Voluntaryist
Posts: 23
Current Political Identity: Libertarian Voluntaryist
|
Post by Clyde on Apr 29, 2015 19:15:43 GMT -5
Since all taxation is theft, and I have to pick a tax, I would pick Property Taxes since it seems the one that hurts the economy the least.
|
|
|
|
Post by Sebastian on May 7, 2015 12:59:22 GMT -5
It may be true that property tax hurts the economy the least, but I just hate the idea that you should be taxed for something you already The most "legitimate" tax I think a government can claim is something like sales tax, where the government can say they helped play a role in completing the transaction through roads, regulation, etc. and that they deserve a portion of the transaction.
|
|
Clyde
Bird
Voluntaryist
Posts: 23
Current Political Identity: Libertarian Voluntaryist
|
Post by Clyde on May 8, 2015 14:51:47 GMT -5
Sebastian, how is the sales tax legitimate if I did not ask for the roads to be built? Btw I agree that morally speaking property taxes are abhorrent.
|
|
