Home Business Central - Earn Income From Home

RSS Feed
Your Source for Legitimate Work At Home Resources including Traffic Tools, Income Opportunities - PLUS valuable free stuff!
 
Community

Facebook Twitter Follow LinkedIn MySpace Skype Me�! Youtube Channel Worldprofit Community

Newsletter Signup
Myfreeshares.com
What's New Today
» LIVE Business Center
» 50,000 FREE Visitors Splash
» pay cheques on autopilot
» Clickbank University
» Instant Infographics Presence
» Copy Paste Traffic
» Socially Engage
» Webinar Fusion Pro
» TrafficProfitPro
» Myths About Making Money
» Rebrandable Traffic
» Internet Marketing Tools
» TrafficEra with AdBar
» TrafficEra with VitalViralPro
» The Best Surfing Co-ops
» LeadsTunnel FB Mastery
» Promoting With Banners
» Wealth Perx
» Earn Bitcoins From Your Blogs
» Sports Predictions
» Promote with Banners
» Viral Marketing
» Our BEST Programs
» Get 20+ Income Streams
» Sign Up Area
 
Internet Traffic for You
» TE-JV
» 50,000 Guaranteed Visitors
» Social Site Traffic
» FREE Solo Blast To 30,000/mo
» Recruiting Co-op
» Linking Loophole Info
» New Sources Of Traffic Revealed!
» Best Manual Traffic Exchanges
» FREE Viral Traffic
» Generate Daily Traffic
» Request Information
» Traffic Hybrid System
» 20,000 Free Safelist Credits
» Best Advertising Sources
» 21 Viral Marketing Tips
» Puffin Mailer
» Free Traffic Plus Software
» 10 Things to Increase Traffic
» FREE Daily Login Bonuses
 
Earn Money on the Net
» Make Money Online
» Get Paid CA$H (ptc, ptr)
» Work and Internet Jobs
» Top 10 Opportunities
» ClickIntoFreeCash.com - Fast Free Cash!
» CB-Cash -- The Ultimate Set-And-Forget System!
» The Legit Internet Job.com
» Making Money With CPA
» CPA Overdrive
» Work At Home
» eBay Profit Pack
» Turn Key Ebook Store
» Request Information
» Affiliate Marketing Gangster $
» How To Make $ From Traffic
 
It's a Bitcoin Revolution
» Recieve $5 in Bitcoin
» Easy Online Income - HOW TO
» Earn Bitcoins From Your Blog
» Earn Online Automatically
» Free BitCoin Wall
» Bitcoin Faucets
» convert bitcoins to usd
» Bitcon Mining Sites
» Trade Bitcoin Mining Contracts
» Bitcoin Robot Report
» Bitcoin Blog
 
Health
» Wild Essentials
» Get Paid to eat
» Nutraceutical Reduces Wrinkles!
» Mens Health
» The Best Colon Cleanse
» Best Body Detox
» Memory Improvement Techniques
» No Nonsense Muscle Building
» Becoming Pregnant- Overcome Infertility The Natural Way.
 
Favorite Places
» Free Sign Up Area
» Free Ads Free Traffic ... $$$
» Reseller's Club
» TheMovieDownloads
 
Cool Stuff
» Donald Trump in 1980
» Best Tatoo Reviews
» Sports Betting Robot
» Play Texas Holdem
» Paid Ads for Club WPT
» Turn Your Ability Into Ca$h
» Hot New Business
» See Us Live :-)
» Niche Navigator
» Craigslist Exposed
» Request Information
» 404-error-Thank-You-Page
 
Empowering
» Why The Donald Is Leading
» Access Consciousness
 
Newbies Getting Started
» Step by Step Guide
» Attention NEWBIES!
» Internet Marketing Essentials
» The Biggest Affiliate Mistake
» Mastering Roboform
» Quality PPC For Beginners
 
Twitter Marketing
» What Is Twitter?
» Free Video Reveals All #1 Strategy for Twitter
» Twitter Treasure Chest
» Tweet Virus
» The Underground Secret Twitter Manifesto Exposed
» Twitter Marketing
» Twitter Traffic Swarm
» Social Media Marketing
 
Using Social Sites
» Free Video Reveals All #1 Strategy for Pinterest
» Free Video Reveals All #1 Strategy for Linkedin
» Pinterest Marketing
» SociBoom
» Facebook Webinars
» Squidoo Profits
» Social Marketing Secrets
» Unlimited Social Traffic
» Cut-Throat Moneymaking Manual That Myspace Tried To Ban
» Create A Money Making Product Review Blog
» Social Media Tactics
» Forum Poster Pro
» Niche Blog Finder
» Social Bookmarking Exposed
» Blogging Profits
» Social Media Wealth
» Squidoo Blueprint
 
Mailing Tools
» Mail that is Working
» Yahoo 2.0 Traffic
» Email Writing Secrets
» Super Money Emails
» Email Buzz
» Sales Letter Creator
» Words To Profits
» List Blueprint
» Internet Marketing Newsletters
» Rss2Email
» Viral List Blueprint
» MLM Mailing Lists
» My Internet Marketing Newsletter In A Box
 
Article Marketing
» Online Copywriting Pro
» Article Marketing = Traffic
» Article Buzz
» Project Covert Persuasion
» Chunk Copy Course
» Wordpress Padlock
» 5 Minute Articles
» Write and Publish
» Super Article Traffic
» Article Submitter
 
Search Engine Tools
» Top Keyword Spy Tools
» The Beginner Guide To Google Sites
» Run Google Adwords™ Pay-Per-Click Campaigns
» Screw Google
» Keyword Analytics Pro
» Mastering Adwords Cash
» The SEO WARS
» Typo Buzz
» Free search engine submission
» ASR Search Engine
 
Internet Shopping Mall
» Your Amazon Store
» Clickbank Mega Store
» ClickBank signup form
» CB Affiliate Reward System
» Leveraging Clickbank
» ClickBank Results
» Mega PLR Store
» Clickbank Cash Blogs
» 10,000 items that You need!
» Home Business Resource Center
» Sell Your ebooks on Clickbank
» Upload & Sell Downloads
 
MLM Affiliates
» Video Marketing Wave
» Internet Marketing Planning
» 1 Month To Your Online Business
» Network Marketing Explosion
» Earn Six Figures Yearly
» Your Coaching Program
» Operation Affiliate Cash
» Affiliate Rescue
» Request Biz Consult
 
Finance
» Credit Repair
» Top FOREX Sites
» Day Trading
 
Products and Services
» Profit Strategy Home
» Sharing Profit Strategies
» Webcast & Video System
» Silver & Platinum Upgrades
» All Services
» Private Label Rights on Sale
» Sales Page Rapid Fire
» 597 Sales Letters
» Video Squeeze Pages
 
Web Directories
» Clarib Web Directory
» Askbee directory
» Ldmstudio Directory
» 1Abc Directory
» All Sites Sorted
» Anaximander Directory
» Web Directory
» Bindexed.com
» Crazyleaf Web Directory
» Directory of Websites
» Relevant Directories.com
» Fire Directory.com
» Unique Listing.com
» Relevant Directory.biz
» Directory 8.org
» Directory 3.org
» Class Directory.org
» Direct Directory.org
» Extra Directory.org
» Central Directory.biz
» Link Channel.com
» Link Cafe.biz
» Spin Directory.net
» Content Directory.net
» a2Directory.org
» Happy Directory.net
» Outlook Directory.com
» Greatest Link.net
» First Directory.biz
» Lara Directory.com
» Organic Directory.net
 
Free Stuff
» Free Web Pages
» Join Banner Exchange
» Join StartXchange
» Post Your FREE Classified Ad
» FREE Classifieds
» More FREE Classifieds
» Free Product Super Pack
» Newsletter
» Automated Free Gifts
» Visit My Blog
 
Free Training
» Attend LIVE Webcast
» Millionaire Bootcamp
» $5000 Master Success Kit
» Information Request Form
 
Website Design
» Custom Website Design
» DesignProfit by Sandi Hunter
» Request Design Consult
 
Site Owner
» Live Meeting Center
» SKYPE Free phone service
» more about me
» Sharing Profits Blog
 
Forwarded Web Pages
» Cash-Online-Now.com
» Ascension Team
» GlenBrink.com
» MLM-List.com

Blog Home > Main 
 
 
Published by: Glen Brink 13-Apr-16
Why Income Tax Hurt Income Earners And Workers

Income taxes penalize income earners and workers.

All wealth redistribution comes in the form of the equivalent of tax and welfare. However, you need to be careful. Incorrect taxation schemes can result in less wealth for you. You see, by reading this website I would suppose that you're poor or middle class wanting to skyrocket your income, right. Rich means owning a lot of money. If you're poor and would want to get rich, you need to have a lot of income. So will income tax help? No! Abolish income tax.

The Peril of Income Tax

Income tax can exaggerate wealth difference and can cause great deviation from meritocracy. Income tax can be very unfair and bad for workers.

Think of it this way. Imagine a country where you live. Say your friend Bob has an employee Ann. Bob is a rich man because he owns a lot of farm land that he uses as his recreational facility. Ann works for Bob as a farm labor. You work by productively serving the market through various means.

Bob earns his land through inheritance from his ancestors. His ancestors earn the land by massacring Indians and seizing their land. Not exactly productive means of acquiring wealth, however for all legal purposes, Bob's land is his.

The market tends to reduce the effects of injustice. A stupid lazy person owning great wealth will lose it in gambling table while the smart and diligent worker will have plenty of capital owners willing to lend money to him. So I am not going to argue much over 300 years old injustice.

It's simply a natural order that the more capable gets more money and it does take skill to commit genocide I must admit. Moreover, people often earn large amount of money unproductively due to society's failure to embrace meritocracy. If the rule says you got to bribe or be a dictator to get rich, can we blame people to do just that? So in a certain very twisted sense, it's fair.

Nevertheless, I look much more kindly on capitalistic wealth earned recently through merit within ones' own lifetime rather than wealth earned through inheritance. The latter is rather dubious.

Now, what would income tax do with this injustice? Income tax will exaggerate it. You, as workers who serve the will of the market will have to pay income tax. The money goes to pay subsidy for farm products. Politicians will say that it benefits Ann. Will it? No. Ann is a farm laborer. The market value of any labor is constant across industry. If Ann gets paid with less money as farm labor, Ann will move job to a service industry.

So the subsidy does not profit Ann. Then who profits? Bob' You see how a combination of income tax and governments' controlled subsidy take money from you, the still poor workers, and give the money away to rich land owning people?

The perils of income tax go on and on. You make money honestly. Your friend is lazy. Say you're both poor. Who pays more tax? You. That's because you have more income. The pretext is to take money from the rich and give it to the poor. Yet, even though you're both poor and start of with the same amount of money, you pay more tax. That punishes diligence and productivity.

Say Bob and you are equally rich. Bob builds mansions. You build factories. Who pays more tax? You! Why? That's because factories produce income. Factories also create jobs. So, income tax reduces incentives to use wealth for productive means.

Increase of Fearsome Governments Power

Income taxes give governments far more power than what's originally intended. In US, for example, governments do not have power to know your financial transaction. Yet governments can take your money through tax and then demand that you voluntarily report your financial transactions to get tax returns.

Federal governments do not have the power to regulate some aspects of the states. Yet federal governments can tax everyone and deny funding for states that do not observe federal speed limit. Federal governments do not have direct power to indoctrinate your kids, however, the governments can tax everyone and subsidies public school. The list can go on and on. With income tax, everyone is a slave.

If income tax is such a bad idea, how should we replace that then?

Non Productive Means to Acquire Wealth

There are two types of wealthy people. Self made millionaires, and the rest. Self made millionaires are highly capable, diligent, and ambitious individuals. That is you or what you'll become. To be rich, such self made millionaires need to have a lot of income. Taxing income hurts self made millionaires. Not only that, we're talking about highly diligent and capable people here. Those people don't go down easily. When income is taxed, they'll resort to other ways to create wealth. That ranges from hiring lawyers to avoid tax, fighting governments, corruptions, or becoming a dictator.

Just look at Saddam. Why do you think he chose to be a dictator? Why Kim Yong Il became a dictator? Are those people too stupid to earn wealth productively? No. They're smart. But they chose to be a dictator because productive means of creating wealth are harassed by various regulations like income tax.

Supporting income tax or any consensual means of making money will not only hurt you, but also hurt all poor and middle class. Just look at the median wealth of capitalistic countries and socialistic countries and you'll see my point easily.

If you really want wealth redistribution, don't tax income, tax wealth.

Glen Brink, WorldProfitUniversity.com

 

 
Mega Profit Product Showcase:

» Bringing The Net Into Network Marketing - 15 NEW members into your business

 
 
 
comments powered by Disqus
 
Leave Us Your Comments Anytime!

 

Sign up for PayPal and start accepting credit card payments instantly.

Compnay

Facebook Group Auto Poster - 300x250
Popular 1:1 Traffic Exchange

Click for the best Banner Exchanges


Play online poker with thousands of real people for FREE
What Men Secretly Want



Popular 1:1 Traffic Exchange
EasyHits4U.com - Your Free Traffic Exchange - 1:1 Exchange Ratio, 5-Tier Referral Program. FREE Advertising!

Find us on Google+Google+ Page
Google
AdlandPro World's Classifieds
Get Linked from 16,000 + sites with one click.
Avatar Path 2: Private Lessons
 

Copyright 2017, SharingProfitStrategies.com

Privacy Statement · Terms & Conditions