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Commentaries
From Our Members
Todd Boyle on
In response to my promotion of a progressive
Washington State Income Tax, Todd Boyle emailed:
Good work. That is absolutely the most
important issue in this state. Taxing
the Rich is not just about money. Progressive
taxation is the application of progressively higher rates on higher levels of
income or assets. For the case for
progressive property taxes see Jeff Smith's work.
I would just add that until people understand that
"property" is itself, a takings from the commons without
compensation, they're unlikely to agree to give anything back to society for
the privilege of excluding everybody from their fictional boundaries. The
larceny is repeated every time a house is sold. The seller receives a big
payment and walks away, while, all of the neighbors and citizens whose ability
to use or benefit from the property were impaired, and sold, receive nothing.
Like most other transactions in a capitalist economy, most of what is being
sold does not belong to the seller in the first place.
But I came here to make a more important point. We have to apply higher rates of income tax
to higher levels of income, not only for the sake of economic justice but to
reduce the incentives for a wide range of destructive and antisocial behaviors. Corporate executives, of course, run the
world today. These greedy power holders inflict *all of the harms* on the
planet. Power holders inflict all harms, through their mismanagement and
misleading and exploitation of the common people, globally. I say, they are
responsible. I say, the condition of the planet is not an accident.
We have a wonderfully effective market system and global economy that manages
every damned thing to 5 nines. We have a globally integrated supply chain, and
finance. This is operated by millions of MBAs, tens of millions of lawyers and
accountants, and a hundred million totally obedient software people, telecoms
people, and clerks. Obedient to their bosses of course, not customers as
falsely portrayed in our school textbooks.
This econo