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21  Other / Politics & Society / Re: Why do people think income tax is ok? on: March 24, 2014, 06:17:33 PM
considering every basic need of every individual an entitlement is called...

...basic morality. People have a right to life, and they need food and healthcare to live.


Sure, people have a right to life. But if they have inadequate food and healthcare, how am I suddenly obligated to work however hard is required to provide it for them? There's a difference between charity and entitlement. Charitable giving is moral. Forced entitlements are not. The idea that one can be said to have any sort of morality when they're forced to do something is a bit odd, really.


socialism is immoral, inefficient, and unsustainable.
[citation needed]

Source: common sense


Quote
So the schools and police will be better funded in wealthy areas where they already have low crime rates and good schools? Nice.

Yes. Rich people can afford to pay more for nicer things; that's life. Even if payment for those things was switched to income taxes, it wouldn't end the disparity (due to private schools and private security forces,) so demanding income redistribution to address the inequity seems a little disingenuous.

Education and protection under the law are basic human rights. Giving the children of the rich a better education than the children of the poor just entrenches the advantage they already have. The whole point of funding them via income tax is that the wealthy are forced to subsidise education and protection for those who can't afford it.

You said the point was to address inequity. Income taxes don't do that so long as private schools and private security are an option (and really, they always will be.) The rich don't have to be given better stuff, they just buy it.

So if the inequity will continue to exist, what's the problem with using property taxes rather than income taxes if one is to fund public schools?


Quote
Nothing close to a solid argument to justify an income tax yet.

Do you really mean income tax, or is your problem really with any tax where the rich pay progressively more than the poor?

I have a problem with all taxes.

But if taxes are going to exist, there are far better options than income taxes, regardless of whether regressive or progressive. One would think the intrusiveness alone should cause people to demand a change; but I suppose once people become use to a status quo, it will be defended, regardless of the wrongness of it.

The alternatives to income tax you've proposed don't have any advantages other than fixing the 'problem' that the rich seem to be paying more than the poor without getting as much in return.

Yes, that is a problem. If you're going to justify taxes by saying it's "for society," then how in the world does paying more but getting the same make any sense? If I'm your neighbor, and we use the same public school system (let's presume that this is someplace that income taxes actually pay for schools,) and it costs $X to pay for that school, there's several different ways to split up the cost of that. The only possible rationales for making those with higher incomes pay more are ideological: that they "should" pay more. It's a common opinion, but it's one that turns simple theft into wealth redistribution.

Justifying taxes is one thing. Justifying wealth redistribution is another.


Quote
Your system of taxes just brings us closer to everyone paying for themselves, which by your own admission is what you want anyway.

Of course. That's the ideal, after all.
22  Bitcoin / Bitcoin Discussion / Re: Which Bitcoin Client do you use and why ? on: March 24, 2014, 02:02:15 PM
Coinbase is kind of like "AOL of Bitcoin"... easy to use for the masses...eventually people will learn about private keys, etc
just as people today know a lot more about the Internet than 10 years ago.

A bit off-topic (OK, way off-topic) but I'm not sure if that is true. The Internet is way more accessible nowadays because it's everywhere and more companies have entered the market compared to back in the nineties when it was just AOL. Most people still have no idea what really goes behind the scenes when they use Facebook or Google or watch a YouTube video. Most people have no idea what CSS is, or what PHP is, or HTTPS, or TCP/IP, etc.

I see some relevance. If anything, that suggests that the path toward greater adoption of Bitcoin isn't simply a better wallet (i.e., a better AOL,) but rather ubiquitous access to the currency. ATMs, more businesses accepting it, the ability to regularly have a portion of your income converted to it, and having the tech integrated into products and services in ways we find hard to envision now. I'd imagine a greater emphasis on keys could be a part of that though.

That's partly why I like Mycelium: handling, creating, importing, and exporting keys is quick and easy, as is the backup process.

(And coming soon to it... a Local Trader feature! If you've got an Android phone, you might want to use this wallet just for that feature alone.)
23  Other / Politics & Society / Re: Which tax is the least bad? on: March 23, 2014, 03:07:00 PM
Property taxes.  Property rights are created by the state and a resource tax forces people to make the underlying assets work.

I could almost agree that a property tax on land makes sense, considering government protection is supposed to extend across a domain, except that the usual penalty for not paying (the loss of your land) makes it unconscionable for me.

I disagree that the state creates property rights. The way you've worked that out, you're effectively saying only the state can really own anything, and people have no moral basis for disagreeing with any thing a state wants to do with it's property.

The fact that corporations are *literally* state-created entities is why I have little problem with them being taxed.


In the common law system, all land rights are derived from the state and in the event that the owner dies intestate, the state takes it back.  Things like a freehold ownership of a farm or a 999 year leasehold interest in a building or an easement over a riverway are literally state-created entities and we should have any problem with them being taxed.

Yet common law as it currently exists isn't some manifest destiny of societal arrangements.

As I see it, an objective look between taxing corporations as active, functional entities and taxing, well, the ownership of personal land makes for a clear choice as to which should be preferred.

*Why* would you opt to tax land over corporations? Do you feel corporations being taxed creates problems that taxing personal land doesn't? Or do you have issues with some people paying no direct taxes (or with some other philosophical/ideological aspect of it?)
24  Other / Politics & Society / Re: Why do people think income tax is ok? on: March 23, 2014, 01:54:51 PM
If there is no income tax how is it possible to  improve the welfare of society?


At the very least... other taxes.

EDIT: Again, if you live in a Western society, you might be surprised at how little of your income tax actually goes toward "improving the welfare of society."
25  Other / Politics & Society / Re: Which tax is the least bad? on: March 23, 2014, 01:53:19 PM
Not a single vote for a death tax.

What if it wasn't redundant, if it was the only tax?
26  Other / Politics & Society / Re: Which tax is the least bad? on: March 23, 2014, 01:51:40 PM
Property taxes.  Property rights are created by the state and a resource tax forces people to make the underlying assets work.

I could almost agree that a property tax on land makes sense, considering government protection is supposed to extend across a domain, except that the usual penalty for not paying (the loss of your land) makes it unconscionable for me.

I disagree that the state creates property rights. The way you've worked that out, you're effectively saying only the state can really own anything, and people have no moral basis for disagreeing with any thing a state wants to do with it's property.

The fact that corporations are *literally* state-created entities is why I have little problem with them being taxed.
27  Other / Politics & Society / Re: Which tax is the least bad? on: March 23, 2014, 01:44:55 PM
There's only two taxes I'd be more than happy to endorse and pay.

A flat tax ... under 25%

And a sales tax, at a low rate... certainly no higher than 10%.

I consider these the least "bad" because they're perfectly fair.

By flat tax, you mean a flat personal income tax?
28  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [WTB] 40 Namecoins, paying in Bitcoin [CLOSED] on: March 23, 2014, 03:27:57 AM
Transaction has been completed!
29  Other / Politics & Society / Re: Which tax is the least bad? on: March 23, 2014, 01:10:32 AM
Probably property taxes. They're not usually as expensive and they do go towards something more necessary than what income taxes go towards (namely roads).

Understandable.

But what if you had to choose between property taxes or personal income taxes paying for everything? Would that change your mind any?
30  Other / Politics & Society / Re: Which tax is the least bad? on: March 23, 2014, 01:08:08 AM
Ok, I guess I'll play. I'll vote for sales tax because it's somewhat easy to opt out of (and I actually get to own property).

I tend to agree that it's one of the more tolerable ones. I'd probably go with corporate income tax, myself. After all, if corporations are going to exist, and get special government-sanctioned privileges, I have little problem with them paying for those privileges.
31  Other / Politics & Society / Re: Which tax is the least bad? on: March 23, 2014, 12:58:29 AM
That's like asking which kind of rape is the least bad.

Date rape?
Spousal rape?
Gang rape?
Prison rape?
Statutory rape?
War rape?

I'd prefer no rape.

Same goes for tax.

I suppose if there was something called "voluntary tax" and it was actually voluntary, that would be the least bad kind of tax. It would probably just be called a donation though.

Sorry if that wasn't the answer you were looking for.

I personally agree with you.

However, the purpose of this thread is to focus on which is the least bad, as debated among those who resign themselves to accepting taxes (or who believe taxes are necessary.)

The "why do people think income tax is ok" thread prompted me to start this one.
32  Bitcoin / Bitcoin Discussion / Re: Did Peter Schiff just turn bullish on Bitcoin? on: March 23, 2014, 12:20:49 AM
I listen to his show daily, and trust me, he's definitely not. On yesterday's show he re-affirmed his long standing position: Bitcoin holders should either spend them or sell them. He also said he believes it will continue downward, and the rate of decline will soon pick up. I listened to his advice at around $800 USD and spent some, to my benefit, but he hasn't convinced me to cash out yet. Not sure why, after watching it just dwindle & dwindle, showing little sign of a turnaround.

But that raises the question of why you got into Bitcoin, right? If it was just an investment, then I think you should hold on longer (at least a year or two) but I understand the sentiment.

But for many of us, it's at least in part ideological, or a statement of our values, or to have some wealth stored outside the system. Those reasons aren't really tied to the USD price per Bitcoin.

I certainly don't think of selling my gold just because the price dips (and boy has it dipped lately!) It's probably not something one should be in to make a quick buck; I think Bitcoin should be viewed in a similar light.
33  Other / Politics & Society / Re: Why do people think income tax is ok? on: March 23, 2014, 12:09:17 AM
For those wanting to focus specifically on income tax vs. other taxes, and not wanting to get mired down in the idea of more/less/no taxes:

https://bitcointalk.org/index.php?topic=526816.0
34  Other / Politics & Society / Which tax is the least bad? on: March 23, 2014, 12:05:23 AM
Presuming a society has taxes (safe bet there,) some taxes could be considered more intrusive, less efficient, or generally worse than other taxes.

Which taxes do you feel are the least bad?

Bonus points for explaining why; double points for also pointing out the especially egregious taxes, and explaining why.
35  Bitcoin / Bitcoin Discussion / Re: Which Bitcoin Client do you use and why ? on: March 22, 2014, 05:20:46 PM
Don't use blockchain.info wallet IMO

Yesterday I found someone is in possession of my private key from my address that I have @ blockchain.info
And he is a blockchain.info wallet user too... as last transaction make by someone using my address were done by blockchain.info nod - rest of them from nod IP 0.0.0.0 ...

and blockchain.info write me back :
"I am sorry to hear of these transactions that you did not initiate. I would also highly advise against ever using this compromised wallet again, as someone else clearly has the private keys in it. Changing your password & adding 2FA won't matter if the user has control of the private keys for that address. You need to never use that address or other addresses in that wallet again, set up a new wallet with new passwords & addresses, and enable Google Authenticator with that."

So they do not feel the problem - just I need to never use my address again ... not nice and not good.
And how come it is even possible that someone have got my private keys?
Crazy.

And is funny - I had only one address @ blockchain.info

Another address with same private key that someone else have was added to my wallet without me. I didn't knew till yesterday that I have another address there and my android blockchain wallet was showing only ballance from 1 address. CRAZY

Does the address have both other receipts and other spends that aren't yours?

If so, then it sounds like Blockchain isn't randomizing their keys well enough, and generated the same key for someone else. The possibility here should give pause to anyone using Blockchain wallets.

My recommendation: get another wallet, Mycelium if you want to be mobile, Electrum or Multibit if you don't want to deal with the entire block chain. Move all your coins to it (leaving this other person their coins,) then once that confirms, destroy your Blockchain wallet and never look back.

Also: if you suspect your computer is compromised, use a different computer/device for your new wallet.
 
36  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [WTB] 40 Namecoins, paying in Bitcoin on: March 22, 2014, 02:45:04 AM
I don't use exchanges, and honestly I'm not too fond of BTC-e.

This seemed like a simpler (if pricier) method.
37  Other / Politics & Society / Re: Why do people think income tax is ok? on: March 21, 2014, 06:38:13 PM
Once more unto the breach dear friends, once more! Or close the wall up with our English dead!

<snip>

hospitals,
Health care is a privately, individually administered life expense. Pay it yourself, or should we go ahead and put food and water on this list too?

(Hint: if your food costs had ballooned like medical costs have over the last 4 decades, you'd probably be curious as to what the problem was, wouldn't you?)

This is an appalling attitude. Civilised societies take care of their sick.

It's only been considered an appalling attitude over the last few decades. Giving charity to those who can't afford their needs is great; considering every basic need of every individual an entitlement, and stealing directly from the income of others to pay for those needs is called socialism. It's immoral, inefficient, and unsustainable.

And even if none of that were true, an income tax is still a horrible way to pay for it.

Again: if food prices had gone up like medical costs, I would hope the societal response wouldn't simply be to ignore the cause and to start advocating for public restaurants.


Quote

So the schools and police will be better funded in wealthy areas where they already have low crime rates and good schools? Nice.

Yes. Rich people can afford to pay more for nicer things; that's life. Even if payment for those things was switched to income taxes, it wouldn't end the disparity (due to private schools and private security forces,) so demanding income redistribution to address the inequity seems a little disingenuous.


Quote

Because corporations are the only ones who need defending, right? Roll Eyes

I'm not even sure what you're saying here.

Why would you be against corporations, which are granted special privileges by government that individuals don't have access to, paying for military expenditures (as primarily happens in the U.S.?)

Are you saying corporations shouldn't have to bear the burden, or that individuals should also pay out of their personal income, just because?


Quote
Nothing close to a solid argument to justify an income tax yet.

Do you really mean income tax, or is your problem really with any tax where the rich pay progressively more than the poor?

I have a problem with all taxes.

But if taxes are going to exist, there are far better options than income taxes, regardless of whether regressive or progressive. One would think the intrusiveness alone should cause people to demand a change; but I suppose once people become use to a status quo, it will be defended, regardless of the wrongness of it.
38  Alternate cryptocurrencies / Marketplace (Altcoins) / [WTB] 40 Namecoins, paying in Bitcoin [CLOSED] on: March 21, 2014, 06:17:02 PM
I'm looking to purchase 40 Namecoins. I will pay 15% over BTC-e's Bitcoin/Namecoin exchange rate, as established at the time of agreement.

Conditions:

 - You send coins first.
 - Escrow is acceptable. It must be a mutually agreed-upon agent, and you pay any fees.
 - Sending batches of 10 NMC at a time is fine too; the same price will be paid for each batch.
 - Transaction details (sending addresses, etc.) can be as public as you like.
 - No traders with: a scammer tag, negative trust, or under 150 posts, please.

I'm not looking to haggle over the price, nor am I in any particular rush. I just want to get this done as smoothly as possible.
39  Bitcoin / Bitcoin Discussion / Re: Which Bitcoin Client do you use and why ? on: March 21, 2014, 06:12:14 PM
All should try 0.9.0 qt.

Best client ever  (?) Smiley

What platform are you using? Did you upgrade from a prior version?
40  Other / Politics & Society / Re: 2014 World Fiat Collapse? on: March 21, 2014, 06:09:02 PM
As far as I can tell, there's no reason to believe fiat currencies/economies are headed for any kind of collapse.

Sure there is: the simple mathematical fact that an ever-increasing expansion of debt (which the current system is based on) is unsustainable.

Debt is just a number, a value stored in a computer database. A number can get as big as you want it to get. If you were talking about exponential growth in the use of resources or energy, etc, I'd agree, that's mathematically not possible to sustain forever. But if we're just talking about currency/debt, the numbers can just as easily be quadrillions as billions, can just as easily be 10^100000 instead of quadrillions, and society will look no different.

Except that eventually, men with guns do their best to enforce that debt (at least the portion owed to the well-connected.)

When society tries to service trillions of dollars of debt when there's no possible way to do so, problems occur. Among these is economic collapse.

Now, if the debt were just done away with, then yes, there wouldn't be much (immediately) to worry about. I don't see that happening though.
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