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There are various classifications of income subject to various
levels of taxation as with capital gains or the ingenious
people will go to avoid classifying their income as income at
The other goal of the tax system is to promote or retard
behavior deemed desirable or detrimental
respectively. Of course, there's a lot more to the tax code
regulations, don't get me started on stuff I don't have the
wherewithall to hire lobbyists to bribe politicians to put in the
Let us start by defining a type of income to be called
"extortionate income" or "EI". EI would be that income which
derived from nonconsentual activity between people.
of EI would be any compensation paid to anyone out of
receipts such as a government official's salary or benefits.
This "forced share" is backed by the force wielded
the State in arresting and punishing those who don't pay taxes
"voluntarily" . An extension of this concept would include all
income derived from State sponsored and private monopolies
EI where citizens have no choice of product or price in whole
part but that prearranged without their consent. On the
hand, income derived from activity where both parties freely
consented would continue to be taxed as "normal income."
It may be that the profits of a transaction may yield both EI
NI each to be taxed accordingly.
Of course, high taxation of IE is not to say these
activities could not continue, we are simply using social
engineering to discourage them as we would discourage
or the purchase of beverage alcohol. "If you tax something,
get less of it. If you subsidize something, you get more of it."
Naturally, no adjustments, deductions or bracketing should be
To be sure, there are objections that those enjoying
extortionate income would simply act to raise the amounts
them in order to afford the higher tax. This could be
over time by upward adjustment of the tax rates. Note that
governments don't pay income tax but its agents and clients
Some kind of income tax form check off could be enabled to
allow those who think they consented to an instance of EI,
increasing their individual tax liability, the aggregate of which
would go to reducing the overall rate levied upon EI. Those
revenues from the higher taxation of EI would, in turn, be
applied to reducing the tax upon normal income to the extent
that the EI tax exceeds that on NI.
UNCOVERING THE TRUTH
Here are some truth bombs from the 1%. Wake up, impoverished sheeple. [sninctown, Aug 11 2015]
||//Let us start by defining a type of income to be
called "extortionate income" or "EI". EI would be
that income which is derived from nonconsentual
activity between people. Examples of EI would be
any compensation paid to anyone out of taxation
||So, for instance, you want to classify the salaries
of the police, military or national-health doctors as
||Also, in what possible sense is this a "Product: robot"
||Ranting or trolling, it's difficult to tell. Maybe just too much coffee.
||Dude. Paying taxes is a great deal for me. I like having
public services. Please set down your drug of choice and
think about the life choices that have led you to this
moment. The link I posted might help you do that.
||You know what's non-consensual? That I have to die
people don't pay ENOUGH taxes to meaningfully fund
medical research. Seriously, fixing aging probably would
only cost a bit more than fixing Iraq. At least the ignorant
voters will die with me.
||The whole idea description is a hot mess. I'm all for limiting governmental excess, and also think simplification of taxation systems is a good idea, but this is not how to do it. Punishing people because they currently work for the government is just stupid. Punish the government in the cases where they have people working unnecessarily, or inefficiently - not the people themselves.
||The thing is, the aims of this will come about anyway - there's a whole heaping bunch of austerity coming our way no matter where you live. Unsustainable growth is exactly that. We can't forever live of tomorrow's paycheck.
||//fixing aging probably would only cost a bit more than fixing Iraq// - Maybe, but it's one of the worst ideas I can think of. We have a current overpopulation problem, compounded with a looming overpopulation catastrophe. I'd be more than happy to fund global population control research - and certainly would prefer that to anti-aging research.
||// it's one of the worst ideas I can think of. //
||OKOK most people agree with you. I signed up to get frozen
because it was the least bad of some terrible options.
||Taxation levels are at the lowest level they've been for
||//Maybe, but it's one of the worst ideas I can think
of. We have a current overpopulation problem//
||Actually, if you do the maths, you will discover
that that is a silly argument. If everyone (and I
mean *everyone*) today had their life expectancy
doubled, and if they had the same number of kids
as they would have done, the impact on global
population is quite small compared to other
||The current tax system is a complete mess, but the
are really easy ways to fix it by combining a single
rate with vat.
||And [snictown] Brin will get you immortality much
faster than your tax dollars
||As Groucho Marx might say, "Securities brokers of the world, unite ! You have nothing to lose but your bonds ..."
||I'm pretty certain that your analysis includes a very
large fudge-factor that is composed entirely of
something else of a similar color, Max.
||I find it amusing (or not) when somebody drops in, posts an idea, is challenged regarding that idea or it's peripherals, then does not respond to annos.
||That says something about the poster.
||It may indicate that they have been run over by a
bus, been ravaged by Guatemalan spinney-worms, or
been selectively raptured, shortly after posting.
||However, given that this has happened several times,
it seems unlikely.
||Nobody has the mineral to point out that a higher tax on
government workers would be paid to the government
which would pour it back into a compensatory higher salary
for government workers? You can't rob yourself by moving
money from your wallet into your pocket.