Reply To: Atlas Shrugged and the Torah

Taxing assets is double taxation. You already took your cut when I earned it and didn’t spend it.

Squeak is a fascist.

Also, there is no fundamental difference between a double tax and a single tax. If I first tax you 10 and then another 10, that is the same as taxing you 20.

Though perhaps you mean it is unfair to tax people for not spending their money right away. But that doesn’t seem to me any more unfair than taxing people for earning money to begin with.