Originally Posted by
Sunvox
Interesting. Multiple comments, yet not one addressed the issue.
Is it better to tax labor or wealth?
And . . .
if you care to answer then please explain why you think so.
Easy to ask, hard to answer.
For an example, check out “imputed rent.” If you own your own house, paid off after years of sacrifice, you still pay taxes on the rent you should be charging yourself. Live in a paid off house that would rent for $30,000 a year? In addition to property tax, you also owe taxes on the rental “income” you would be paying to yourself.
https://www.businessinsider.com/impu...eowners-2016-9
Everyone thinks they can answer the question you posed until it affects them.