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Property tax, the Original Income tax?

Started by Caleb, October 06, 2005, 07:39 PM NHFT

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Caleb

This is just my opinion, but after reading Jefferson's summary of the taxation debate before the first congress, it seems to me that Property taxes were considered fair because land at that time was used to create wealth.

But now most land has been transferred from a method of raising wealth (income) to a STORE of wealth (savings).  It seems to me then that the original purpose of property taxes was to serve as a non-invasive form of income tax.  Now, however, with land serving a different purpose, isn't it time for the tax to go?

We talk a lot about reducing taxes here on this forum, but my question is what, exactly, should we replace them with?  Income taxes are invasive, property and sales taxes are unfair.  It seems to me that the best way for a state to raise money is to compete on the free market by owning high revenue businesses such as casinos, brothels, etc.  This to me seems to be the best way of raising money for the state.

I understand that some of you don't think the state needs any money at all; but that's sort of beside the point as far as I'm concerned.  Since the state is trying to raise money, I'm interested in getting your thoughts on the best way to raise it without intruding on privacy or instituting an unfair tax.

Caleb

Russell Kanning

Quote from: calibaba77 on October 06, 2005, 07:39 PM NHFTWe talk a lot about reducing taxes here on this forum, but my question is what, exactly, should we replace them with?

Just reduce them....or even better....

Don't replace them.....

Russell Kanning

Quote from: calibaba77 on October 06, 2005, 07:39 PM NHFTI'm interested in getting your thoughts on the best way to raise it without intruding on privacy or instituting an unfair tax.

No such thing as a fair tax ...... replace with voluntary transactions ..... which is not a tax.
If one side of the transaction has handcuffs or a gun in his hands ...... then it isn't "fair"

Ron Helwig

So, are only stridently anarchist posts allowed here, or can we post minarchist messages as well?

Kat Kanning

I don't intend to let Hankster take over all the threads on this forum for Georgist philosophy.  If he doesn't like it, well, I really don't care.  I'll probably make some mistakes moving posts. 

Russell Kanning

Quote from: rhelwig on October 06, 2005, 09:14 PM NHFT
So, are only stridently anarchist posts allowed here, or can we post minarchist messages as well?
actually caleb was asking for it..... minarchism and georgist philosophy ;)

.... I just can't do it

Kat Kanning

Yeah, I realized that after I moved the posts.

Ron Helwig

K

Anyway, if you have to have a source of income (the underlying premise), I'm far more comfortable with a property tax than an income or sales tax.

Makes things convenient, that being the state of things in this state  ;)

In other words, the status quo isn't so bad; let's not make things worse by having a sales or income tax.

Fluff and Stuff

Quote from: rhelwig on October 06, 2005, 09:27 PM NHFT
Anyway, if you have to have a source of income (the underlying premise), I'm far more comfortable with a property tax than an income or sales tax.

I agree.

FTL_Ian

I'm not relishing the property taxes up there.  They are outrageous and need to be abolished for NH to be the most free, prosperous state.

Rents will drop, disposable incomes will rise, as will the economy of the whole state.

NH:

No Income, Sales, OR Property Tax. 


That's they way it should be.   8)

Russell Kanning

I am already living that way ....... so relish away. 8)

Lex

Quote from: russellkanning on October 07, 2005, 06:44 AM NHFT
I am already living that way ....... so relish away. 8)

How are you doing that? Just not paying property tax or are you in an area that has no/little property tax?

Dreepa

Quote from: eukreign on October 07, 2005, 08:18 AM NHFT
Quote from: russellkanning on October 07, 2005, 06:44 AM NHFT
I am already living that way ....... so relish away. 8)

How are you doing that? Just not paying property tax or are you in an area that has no/little property tax?
read this thread
http://forum.soulawakenings.com/index.php?topic=882.0

Lex


Russell Kanning

Quote from: eukreign on October 07, 2005, 08:18 AM NHFTHow are you doing that? Just not paying property tax or are you in an area that has no/little property tax?

ahhhhh ..... the first step is to dream about not paying property taxes. :)