[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.

[central_va]

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.

Oh bull. They are both bad except the wealth tax is more fair to the young first starting out class. The wealth tax punishes geezers so a lot here don't like it.