Friday, August 26, 2011

Taxes, they are Taxing.

Taxes are necessary evil for funding government, but not all taxes a created equal. There are more types of taxes than can be mentioned here but  three types of taxes are particularly immoral because of degree of control they give over the citizens of the nation. Sadly America has all three in place and entrenched.
Here is a list of the three most immoral taxes in no particular order.

  1. Estate taxes. Also called the “death tax” this is a tax on a person’s net worth at death over a million dollars. This immoral because is prevents people from passing on the fruits of the labor to the children because the Government confiscates half it. What makes it worst is that this is not cash on hand but total net worth. There plenty small business owners and farmers who have under $100,000 annual incomes, but land or business assets that put them over the top. In many cases the family of the deceased is force to cell the land or business even if it’s their only source of income just to pay the death tax. What makes it even worst is that the real rich can avoid the death tax all together by putting their assets in to family trust funds.
  2. Property taxes. This tax is immoral when applied to a person’s home because in make their continuance in their home dependent on being able to pay the government a tax even if they have long since paid off any mortgage.
  3. Income tax. This tax is immoral because in makes you lively hood dependent on the Government not over taxing you. What make the U.S. income tax even more immoral is forced withholdings. By taking a person’s money before they even see it withholdings takes all control of paying the tax out of the hands of most tax payers making a revolt against even the most confiscatory rates. The only option the poor taxpayer has is to stop working. Even worse by deliberately taking more than what mast people owe in taxes, the average taxpayer is forced to give the Government an interest free loan every year that they then need to fill out a government form to get back.

The most moral form of taxation are consumption taxes particularly on non necessities. This is because taxpayer has total control over his or her taxes. As a result if a consumption tax people can punish the Government by reducing their consumption of goods.

While taxes are necessary evil, some forms of taxation are more evil than others.

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