this post was submitted on 24 Sep 2023
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If you resold Taylor Swift Eras Tour tickets, the IRS is watching — A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty::A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty.

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[–] [email protected] 5 points 1 year ago (18 children)

Well taxation is completely necessary unless you have a steady stream of cash flowing into the government from another source, which almost no country has and no country will have indefinitely.

We can argue about rates and cut offs but taxation in general is not a bad system

[–] [email protected] 0 points 1 year ago (10 children)

Taxation is bullshit when it causes your standard of living to be significantly lower than it would be without taxation. I could be living comfortably right now instead of scraping by if the government didn't have it's hand in my pocket at every turn. Tax the people who have money to spare.

And now that I've typed all that I actually read the last part you said about rates and cutoffs... I'm gonna leave this here anyway since typing it got some of the angry out of me.

[–] [email protected] 1 points 1 year ago (5 children)

I was talking about general taxation, of course tax policy can impact people differently. That said your argument for taxation lowering your standard of living is a given, in that taxation is money from you meaning you have less to work with so it, by definition, would lead to less available funds for you. I agree with you though that taxation and welfare cliffs and taxation targets is disproportionately affecting to middle class.

[–] [email protected] 1 points 1 year ago (1 children)

If he's "just scraping by" he's not "middle class."

[–] [email protected] 1 points 1 year ago

Scraping by could be just getting enough to eat or not being able to go on holidays. We don't know what it means for this guy.

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