S
sidbrown
Guest
What are you advocating here? Is it to be no taxes and anarchy? What then will happen if you want some water to drink, or someone to take away the trash every week, or someone to call if your house is being robbed? Without government controls or sponsorship, the price of water can go sky high as was seen for example during the Katrina disaster.From my point of view, property taxes are the same as rent. If you are paying $4,200 in property taxes and the house is worth $350,000, then the city must own your house. Why?
Who do you think really owns your house? You are paying rent (taxes) to the local government to the tune of $4,200 per year. If you do not pay the property taxes (rent), the local government will put your house up for sale at a sheriff’s auction.
Do you or the local government own the house? If the local government has the power to sell your house because you did not pay your house taxes (rent), then I think that the government must own your house.
Corporations are 39% socialist in terms of ownership. How can I say that? I looked at the income tax rates for corporations. All income over $100,000 is taxed at 39%. Therefore, the federal government owns 39% of every corporation. The federal has it right when they say that they want to be your partner in business.
What does stock ownership mean? It means that if you own 2% of the common stock of a company, you share in 2% of the income and 2% of the losses. The federal government shares in 39% of the income but does not share in the losses.
Keep in mind that the right to own private property is the cornerstone of economic freedom. Taxes are a major restriction on that economic freedom.