Comment

The Mighty Thor #160, January 1969

518
Obdicut (Now with 2% less brain)3/30/2010 6:23:32 am PDT

re: #506 keloyd

It’s a really brilliant idea that is probably unworkable.

But there is nothing more class warfare about it than any other form of taxation. No tax scheme is ‘fair’. You either tax wealth or income— that alone isn’t ‘fair’. Do you compare the percentage of tax paid, or the amount of money after taxes are paid? Whichever way you do it, it’s not ‘fair’.

A taxation on the things that occur solely because we have government and civil society— complex financial transactions— does make poetic sense. However, the amount of transparency it would take is probably beyond the political power of modern governments.

It would also have the benefit of penalizing rent-seeking and other purely parasitical transactions that are an unwanted byproduct of capitalism.