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219 votes
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Why doesn’t the IRS just send me a bill for the taxes I owe based on the info they already have?

It's certainly possible, and plans have previously been made to do it, but then what would happen to the tax preparation industry? That may seem like a silly question, but for the capitalist tax prep ...
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172 votes

What ethical (if any) or economical arguments are offered in defense of the inheritance tax?

What arguments are typically offered by those supportive of this taxation technique, both ethically and economically, in order to defend and promote its use? Inheritance Taxes As Taxes In Lieu of ...
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136 votes
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What reasons are there for a Capitalist to oppose a 100% inheritance tax?

Philosophical reason - why do some people in the government have a greater right to decide what to do with the assets than the person that owned them (through their will, by giving it to heirs/...
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129 votes
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Why is Trump releasing (or not) his tax returns such a big deal?

There's a whole wikipedia article on the topic. In a nutshell, he has been the first major party nominee since 1976 not to make his tax returns public. And he did not release them in spite of ...
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93 votes

Why doesn’t the IRS just send me a bill for the taxes I owe based on the info they already have?

The IRS doesn't do that in the USA, because politics has decided so, as outlined in AquaticFires answer. I have paid income tax in Sweden, Canada, and the UK. In Sweden, I was sent a completely ...
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88 votes

Why is a big country less suitable for high-tax, high-welfare system?

Caveat: These are impressions of a Scandinavian dude (assuming you would include Finland) who only lived in the US (in late 80's) as a grad student/post doc, but never raised a family there. I would ...
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85 votes

Why isn’t the tax system continuous rather than bracketed?

In most countries where this system is used, there is a level of continuity between brackets. For example, in the United Kingdom, where the tax brackets are defined as follows: 0% up to £12,500 20% ...
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79 votes
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What significance could the information in Donald Trump's tax return have to his campaign?

Answers to clarification questions There are no "rich people" forms. However, there are forms that are far more likely to be interesting when a rich person files them. For example, when someone ...
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78 votes
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Prior to COVID-19, had any country fiscally targeted unvaccinated individuals?

Yes, in Jacobson v. Massachusetts (1905) the United States Supreme Court upheld the right of the state to fiscally target unvaccinated individuals. Massachusetts had enacted the following law in ...
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68 votes

What reasons are there for a Capitalist to oppose a 100% inheritance tax?

What you seem to be missing is that the foundation of capitalism is voluntary exchange. The rich do not inherently "deserve" their money; a capitalist philosophy rejects the idea that we have the ...
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  • 713
66 votes
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Why did Democrats oppose Ted Cruz's provision to allow funds from 529 plans to be used for homeschooling?

Here is the statement from Senator Wyden (D-Oregon) regarding his opposition to the amendment: Mr. President, Senator Cruz's amendment expands tax subsidies for upper income households to aid ...
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  • 7,218
58 votes

Why does the US require non-resident citizens to file taxes even for non-US income?

The United States is the richest country in the Organisation for Economic Co-operation and Development (OECD) by financial assets per capita and first in the world by wealth per adult among the ...
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55 votes
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Shouldn’t conservatives embrace universal basic income?

Forget about names, except for PR purposes. A clear-headed analyst looks that the net flow of money, now and in future entitlements. Call it "UBI" or "tax credit", call it "...
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54 votes
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How is Switzerland able to maintain low tax levels?

Comparing taxation across nations is not trivial, because different nations use different means of taxation; just because the VAT is low doesn't mean that the overall tax burden is. Since you asked ...
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52 votes

What is the logic behind charging tax _in the form of money_ for owning property when the property does not produce money?

Firstly, I think there is some flawed logic in the OP's premise that, historically, the purpose of taxation was to tax the production of something. When a person earns a salary, they are not producing ...
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  • 4,864
52 votes

How does Dubai get its money?

The other answers discuss taxation in the UAE but omit the elephant in the room. The UAE is a collection of monarchies (that's what "United Arab Emirates" literally means). The monarchs ...
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50 votes
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How would one justify public funding for non-STEM (or unprofitable) college majors to a non college educated taxpayer?

After one generation, you would have lots of engineers and lawyers and few, if any, teachers. After two generations, you would have neither engineers nor teachers. Our culture is more than just ...
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  • 77.9k
50 votes

Why are German local authorities taxing DoD employees, despite the protests of the US and of the German federal government?

The literal answer to the question So why are the local/land tax authorities going after the US DoD personnel on this issue, when it is clearly annoying the federal government of Germany? is "...
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50 votes
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What is the rationale of banning proof-of-work instead of highly taxing it?

Taxation is already complicated enough, and complicated legal codes create unintentional consequences and loopholes. "Have a very high tax for energy consumption above a certain threshold except ...
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46 votes
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What prevents a government from taxing its citizens living abroad?

What prevents this in general is the practical ability to collect. The US can collect on its citizens living abroad in part because (even foreign) banks really don't want to end up on the bad side of ...
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  • 102k
45 votes

What is the logic behind charging tax _in the form of money_ for owning property when the property does not produce money?

There are two issues with your question. The first is that you're approaching this from a wrong angle. The question is not how or whether a property tax is justifiable or justified, but rather how or ...
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45 votes

Why isn’t the tax system continuous rather than bracketed?

You want people to be able to understand their tax returns. Addition and multiplication are hard enough; finding your place on a curve could involve square roots or (gasp) logarithms. Even some ...
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  • 77.9k
44 votes

Why isn’t the tax system continuous rather than bracketed?

You seem to have a common misconception of tax brackets (at least the way they're implemented in the US and in many other countries): The tax rate of each bracket is marginal - that is, it is only ...
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42 votes

What reasons are there for a Capitalist to oppose a 100% inheritance tax?

According to Merriam Webster, capitalism is... an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and ...
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  • 499
42 votes

What is the rationale of banning proof-of-work instead of highly taxing it?

It's fundamentally a different message: "This is an economic activity that is unacceptable" vs "This is an economic activity that we want a larger cut from".
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  • 4,058
41 votes

Is there a documented rationale why the House Ways and Means chairman can demand tax info?

This is explicitly stated in US tax law. From 26 U.S. Code § 6103. Confidentiality and disclosure of returns and return information: (f) Disclosure to Committees of Congress (1) Committee on ...
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40 votes
Accepted

Why not have a wealth dependent income tax?

You're not alone in thinking that taxing wealth more and income less is a way to reduce inequality. It's something that some commentators do argue (here's an example from the NY Times), and most ...
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40 votes
Accepted

Why is the German GEZ a fee and not a tax?

The difference between a fee and a tax is that while a fee can be designated to be spent for one specific purpose, a tax is not. All taxes go into the state coffers and parliament decides how that tax ...
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  • 66.7k
40 votes

What ethical (if any) or economical arguments are offered in defense of the inheritance tax?

There's a number of misconceptions about the estate tax in the US. It's a tax that only affects the very wealthy, it taxes income that can otherwise go untaxed, people with vast amounts of wealth are ...
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  • 1,316
39 votes

Why are gambling winnings not taxed in the United Kingdom?

Wow, so my understanding was way out of date. Here's a history of taxation and gambling in the UK, which includes what I though was still the case; The first shops opened in 1961 but under the ...
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