Comments by "Kong" (@Koushi82) on "Is America's Tax System Fair? | 5 Minute Video" video.

I'd favor abolishing income tax and instead replacing it with sales and property tax. with basic living expenses rebated per year based on cost of living. Since IRS is here to stay we can't avoid it. First to get rid of the most unfair tax of them all Income tax: taxation on labor(a good thing why tax?) is dumb Property tax: mostly just the rich have this buying more property you do not need is wasteful. you better be using said property to produce something or need it then otherwise you are consuming needless resources. Tax exemption: based on how many people are living or using said property. less people using = more taxation IF it is a ghost town said property is forfeit and auctioned off to highest bidder. use it or lose it. Sales tax: no tax on groceries/food flat tax: on everything else. depends on needs of government. luxury goods: tax more. taxation to encourage or discourage certain products. eg: cigs, expensive luxury cars instead of taking mass transit - eg in place of pollution tax reason they are already doing so shift it to sales + property first. Income tax didn't even exist before the federal reserve. this is the worst tax of them all. later on shift it to mainly property tax and almost 0 sales tax on general goods if possible. If the RICH want any property in the USA then they will have to pay up. else move and crash the rent and property so poor people can live there now they can afford rent and house purchases. I call it utilitarian taxation. It's still complicated but it's because the infrastruture has already been put in place. It's easier to transition to this first get rid of income tax then other taxes later. Off topic: the reason why poor cannot afford anything is high RENT not just low wages. that is the highest cost in their expense pool and makes other goods and services unaffordable. CRASH the real estate market so people can live. let them default they shouldn't have borrowed money in the first place. HIGH property tax WILL discourage a few people from buying up all the property instead it will be more spread out. if corporation buys houses then, their tax rate is Still determined by if it is empty. If it is they will be hit. Not corporate tax but they will be hit as normal property tax 1 person. They better get moving renting them out then. After rent is medical - only way to solve it is to have more doctors, PA and nurses. No way around it. Produce more lower costs of medical school. have population eat healthier meaning real food, NOT processed food.
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