tax is theft reddit
Credit Karma Tax Always free Learn More. Theft is the taking of assets of from people without their consent and giving nothing in return.
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You can read more about the details of these rules in the IRS guidance here.
. 2021 was the first year I filed taxes and I still have not gotten my return. What is the definition of theft. It is hardly surprising that the phrase Taxation is theft has become a popular slogan in libertarian circles.
Taxation is not theft because citizens have agreed to pay taxes. Theft is the taking of assets of from people without their consent and giving nothing in return. This is a simple analytic truth that follows from the definition of taxation.
The argument is that taxation is theft because people dont consent to being taxed. I honestly think that this idea springs from a failure on the part of the educational system to explain how democratic societies work. Additionally the taxed benefit from the things taxes are spent on.
Rothbard compared government tax collectors to thieves demanding to know what valuables one may have in ones house. - believe speciously or not that it is unfair for the Government to make them pay taxes for things they dont have exclusive control and dominion over. Similar to casualty losses above post-2017 after the Tax Cuts and Jobs Act was passed theft losses are no longer deductible on Form 4684.
Tax-related identity theft occurs when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund. If your cryptocurrency was stolen and classifies as a theft loss its unlikely that you can write this off. A thief isnt going to take your money then use it to fix potholes in front of your house.
Taxation Is Theft The Constitution doesnt permit the feds to steal your money. How wrong -- or deceptive -- they were. This is all relative and for the purpose of the example because I know the real rates are nowhere near these but there has to be a solution.
Share on Facebook Share on Twitter Share on Reddit Share by email Print friendly version Copy page URL. Between 2015 and 2017 reports of fraudulent tax returns from identity theft victims dropped by 65 due to efforts by the IRS state tax agencies and the tax community according to the IRS. Taxes on the other hand are consented to by citizens as seen by their continual support for taxation parties and their refusal to vote for libertarian parties or move to tax havens in exchange for services.
S from OP In my travels through the internet Ive read plenty of times the argument that taxation is a form of theft on the part of the government. You share a lot of information about yourself when you file your tax return each year. They promised the American public that the income tax would never exceed 3 percent of income and would only apply to the top 3 percent of earners.
The counter argument to that is people do consent to being taxed by living in the taxed area. The government demands it steal from you or they will assault capture and jail you. Taxation is theft is the war cry of libertarians and ultra-conservatives who despite benefiting from the many social goods paid for by taxes - the police the military fire protection public roads schools etc.
And no saying that we get government services in return doesnt change this fact. As soon as you have all the documents you need for your return file it. People who dont take pay their taxes go or at least legally ought to go to gaol.
If you procrastinate an identity thief who already has your personal information can use the extra time to file a fraudulent tax return in your name. March 27 2017. This on a fundamental level is nothing more than simple theft.
Taxation Is Theft R Memes This is part of the social contract which is a kind of agreement between citizens and the government whereby the citizens agree to pay taxes and obey the laws in return for the governments protection. However it is entirely the only way to organize and fund any kind of government. But while the IRS and other agencies are getting better at foiling tax identity theft there were still 242000 reported cases in 2017 according to the.
Thus taxes are necessary- but they are theft and thus morally wrong- thereby a necessary evil. After all the closest thing to a universal tenet of the movement is the desire for the elevation of individual liberty over the collective which usually translates to the minimization of the states intrusion on citizens affairs that almost. File your returns as early as possible.
So if a fraudster gets access to your return theres a lot that could be at risk including the following. Income tax is theft and it is designed so that only the working class will be doomed to pay it - if you dont believe this just ask your accountant tax adviser about the possible tax loopholes that are available to witness that all significant tax laws double quotes intended that can save you more than a few pennies are possible to do only if you are a giant business tycoon with wealth. Just as no one is morally required to answer a robber truthfully when he asks if there are any valuables in ones house so no one.
For example own 1 acre you pay 0 property tax. The idea that taxation is theft is a clear sign of a failure in the educational system. So if there is a general right to ones pre-tax income then it must be a moral right.
Date of birth for e-filers Last years adjusted gross income or AGI. The idea that taxation is theft originated in Murray Rothbards The Ethics of Liberty in 1982. You arent giving consent to being taxed youre being forced to pay by the threat of violence or jail time.
Unfortunately I was mailed a 5071C which ended up prompting me to send a 14039 on April 28. In summation taxes are not theft due to the fact that you entered into a contract with your government either explicitly or implicitly to give up some of your right to your money to help the government and your fellow citizens. This is part of the social contract which is a kind of agreement between citizens and the government whereby the citizens agree to pay taxes and obey the laws in return for the governments protection.
Its taking someones property without permission. Income and property taxes fit this criteria. But it is implausible to suppose that each person has a moral right to his or her pre-tax.
I was dealing with a lot of fraud earlier this year and thought it was taken care of.
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