Quote:
Originally Posted by paradoxymoron There doesn't need to be a tax. They were already taxed on their earnings and pay taxes for lots of other things, including sales tax on the things they have to buy.
What's the difference between this and rich white Americans hoarding money?
America has unprecedented wealth while people the world over is starving. It's highly immoral. It's not like every American chose to be born in America or was born there through some virtue of their own. |
Lets pretend I'm traveling out of the country and I need to exchange my currency..If I am taxed for that exchange, then when I return to the country will I be taxed again? That would be triple taxation (tax on my earnings, tax on double currency exchanges)
I don't think it's a good idea.