It is what it is, and nothing short of a hero in a book depository window is likely to change it. Nothing to do but move on with our lives and keep being robbed.
It is what it is, and nothing short of a hero in a book depository window is likely to change it. Nothing to do but move on with our lives and keep being robbed.
The US Government can obliterate your income/wealth without ever touching your bank account; moreover, it can generate revenue without touching your account as well. Why tax individuals then? Because it is considered more economically stable than some of the alternatives, like printing money; this means taxation is safer for the value of your dollars than other forms of revenue generation, all else being equal.
Income is not the only taxable quantity; tariffs, excise, property, wealth, and estate taxes are among the options.
Such as?
The world has changed somewhat since 1894.
FYI the last three items amount to about 2% or less of Federal spending. All discretionary spending was 16% in 2016:
https://upload.wikimedia.org/wikipedia/commons/thumb/c/ca/U....
Excluding entitlements (Social Security, Medicare, debt service) it's still minuscule:
http://memepoliceman.com/wp-content/uploads/2015/09/viper-re...