jellybreadracer@lemmy.world to UK Politics@feddit.uk · 1 年前Earned income taxed twice as heavily as capital gains for some in UK, study findswww.theguardian.comexternal-linkmessage-square34fedilinkarrow-up1168arrow-down12
arrow-up1166arrow-down1external-linkEarned income taxed twice as heavily as capital gains for some in UK, study findswww.theguardian.comjellybreadracer@lemmy.world to UK Politics@feddit.uk · 1 年前message-square34fedilink
minus-squareHelloTherelinkfedilinkarrow-up4·1 年前The purpose of tax is not just to internalise externalities.
minus-squaretheinspectorst@kbin.sociallinkfedilinkarrow-up2·1 年前No, it’s primarily to fund spending. But as a rule of thumb, once you’ve decided how much you’d like the state to spend on things, it makes sense to raise that amount of tax in the way that does the least harm.
minus-squareHelloTherelinkfedilinkarrow-up1·1 年前Completely agree, it is however much easier said than done.
minus-squareC4d@lemmy.worldlinkfedilinkEnglisharrow-up1·1 年前Does it help to view it less to do with funding spending and more to do with reclaiming the money that the government has already spent?
The purpose of tax is not just to internalise externalities.
No, it’s primarily to fund spending. But as a rule of thumb, once you’ve decided how much you’d like the state to spend on things, it makes sense to raise that amount of tax in the way that does the least harm.
Completely agree, it is however much easier said than done.
Does it help to view it less to do with funding spending and more to do with reclaiming the money that the government has already spent?