FBXL Social

@FortyTwo FUCK SOCIAL SERVICES.

@FortyTwo What's "payroll tax" isn't your payroll your income?

@Jens_Rasmussen @FortyTwo Payroll tax is a tax that is based on the state of a business which businesses, employers and employees pay directly from salaries where as income tax is based on earnings and profits and is taken from your income.

Yes, they are legally distinct concepts.
Yes, they are basically the same thing.
Yes, it is stupid.

IIRC, income tax was introduced as a temporary war measure. Looking at those dates, this does indeed seem to be the case.

People are too stupid to understand that any money flowing out of a company gets taxed. Taxing money flowing into it is just levying double taxation.

Also fundamentally, shuffling money around can only be a net loss in value unless it's being spent on some large purchase at a discount. Taxes are a drag for almost all parts of the economy and provide no net benefit.

The only taxes against corporate entities that make sense as a punitive/disincentivizing measure are tariffs against imported goods whose manufacture provided no economic benefit to the state.

@Hoss @udongle @FortyTwo @Jens_Rasmussen @LivingSpaceStudios Given that corporations are a legal construction you could control their actions by law to get the outcomes you want from them instead of passive aggressive taxation. Make drug manufacturers be non-profit by law and bar them from holding patents on their products, for example.

Yes I don't even think it makes sense to treat tariffs as taxes because it exists to benefit/protect our workers and local industries instead of parasitize them to feed the feds. It's also an example of large scale bargaining like I said, individual companies can't negotiate with china at this level, but the government can.

@udongle @Hoss @FortyTwo @LivingSpaceStudios Big problem with tariffs is that consumers/corporations might import a lot one year and much less the next year. It makes it incredibly hard for the government to make budgets.

Guess they'll have to scale back operations to live within their means, or maybe run surpluses to have windfalls for dry years, or maybe even use bonds to fund productive assets instead of paying off yesterday's debt with tomorrow's debt!

You mean the government will just have to budget responsibly and save/invest income from good years to financially insulate from future uncertainties? But that's impossible even though every organization without the ability to print the world reserve currency has to do it!

THE GOVERNMENT HAS TO BE AT LEAST AS COMPETENT AS A BRICK AND MORTAR STORE?????????? IMPOSSIBRU

@wgiwf @Hoss @udongle @FortyTwo @Jens_Rasmussen Patenting, in general, should be against the law.