@PNWConservative The closest thing to a fair tax would be a flat land value tax.
Subsidies are unfair
Tax breaks are unfair
Progressive income taxes are unfair
Wealth tax unfair
Etc etc etc
@BoomerDivvies It does count.
Arguably, if your car is worth substantially more than you owe on it (or if it’s paid off) that should count too.
Along with any gold you own.
Or any valuable things you bother to track the value of regularly, and could reasonably sell for that price.
@GuyTalksFinance@GrantCardone Here’s my proposal.
Abolish ALL taxes with one exception.
Add a single flat tax on the market value of the raw land.
All government expenses are paid with that tax.
There must be a hard limit and they cannot spend more than that.
No subsidies, no write offs.
@DividendBreeder Insurance isn’t really supposed to cover stuff like that anyways.
Imagine if your car insurance company had to start paying for oil changes
@pepemoonboy One of the benefits to renting is you can temporarily lower your living standard because it’s “not permanent” as well.
When you buy a house, you want to make sure you like it, and it will still be a fit 10 years down the line.
By doing so, you can save even more as well!