[central_va]

Explain how an income tax helps “thrift” if your money is TAKEN BEFORE YOU CAN EVEN INVEST IT OR SAVE IT?

[Pollster1]

Explain how an income tax helps “thrift” if your money is TAKEN BEFORE YOU CAN EVEN INVEST IT OR SAVE IT?

Taxes never contribute to thrift or to any other virtue. A tax on savings (wealth) hurts thrift because it punishes that thrift every year until the money is spent. The tax on income only punishes productivity once.