>>10247932 PB

Labor should never be taxed under a capitalist system, even according to capitalist rules.

I brought this up in economics class once, and yeah... professor realized where I was going, and shut my discussion down... lol.

They ALWAYS forget ONE important thing, when it comes to labor, that makes the whole thing simple about whether labor has any profit to tax at all.

Just like the business owner, there is a LOT of investment to create that "labor cash flow" we call a "pay check". The investment is the lost opportunity time to do something else.

(And I love capitalism... I think it is like a car engine.... useful when put in a car ....with a steering wheel ....and brakes. It needs a driver that will not abuse it. (Healthy regulation required) Leave it run amok without guidance?

......and it will be running people down on the sidewalk.

(Yes, people would murder for profit)

But, that being said, you can not beat a good car with a good driver. Nothing lifts people out of poverty like a well oiled properly regulated capitalist system. It must be actively cared for... oil, gas, check under the hood, and it must be watched for criminal activity (car thieves)

Socialist and Communist are the quintessential car thieves.

Socialism sucks worse than a car without an engine..... ends up looking like a stolen abandoned vehicle.... cant lift anyone out of any situation. Crooks make off with damn near the whole car.

Communists like China? Hello?

Thieves, and proud of it.

As for the tax on labor in a capitalist system tho, one should not change the rules depending on who is making the cash flow after investment or cost of doing business.

Labor, is not free to the person who uses labor to create cash flow.

The human who performs labor is no different than the human who performs the creation of a business, rightfully deducting the cost of creating cash flow. What is left over is called profit AFTER THE COST of doing business.

The COST of doing business is NOT TAXED, and this is the SAME law that needs to be applied to the laborer.

Profit is money that is accrued over and above the cost of making the cash flow.

1/2

>>10250090

2/2

Same for the laborer. These fancy formulas always seem to forget, there is a COST to making what we call wages, and this is "opportunity time" in the "economic lingo".

You get hired to go flip hamburgers.

You flip them for the capitalist for eight hours.

In return, the capitalist agrees to pay you 10 dollars per hour.

This is a rate for your labor is a time for cash trade, decided by market forces, just like any other cost the capitalist business owner must bear to provide the grill, buns, meat etc.

One problem tho.

It is a trade, without taxable profit.

How?

It COSTS the worker an hour of TIME to create that ten dollar cash flow, SO, logically, there is a trade of MONEY for TIME of equal value…

…..but there is NO PROFIT to tax.

LABOR is a BUSINESS with a constant situation where the operating expense of non-recoverable time is always equal to the market rate for the activity per time. It is a business that runs break even after cost of doing business. Not taxable. Just getting by.

You can not recover the TIME COST of making that 10$ an hour. No one can give that time back, that has value. Something was invested by the person who does labor, and it should be deductible, just like any business expense.

Now, people like this other argument, that the capitalist takes all the "risk" of doing business.

Nice theory, but the facts on the ground tell us that men (yes men) have a leading cause of death between the ages of 18 and 45, called workplace accidents. Severe and permanent risk to the body itself is still risk. Many suffer bodily damage. Ever talk to someone who did drywall before their back surgery? A coal miner after lung destruction?

(Perhaps we should couch this in terms of depreciation expenses? No?)

Capitalists business owners just risk financial ruin.

Don't let the facts on the ground bother anyone tho.

So, a persons wages always match exactly the cost of doing business, and never a cent more to call profit.

Labor can and should be able to write off the time invested as a business expense. It is a cost of making money, just as the business owner has costs.

Na. Get rid of the paperwork, and assume market forces. Much easier. Just do not tax labor. Call it the investment, or cost of creating cash flow that it actually IS.

If business owners are allowed to write off the cost of making their profit, then, wage earners should not be forced to pay taxes on THEIR costs of creating cash flow, just because they are never paid MORE than what the market says they are worth.

Technically, labor is a capitalist who uses the only property he owns to make money. (His body)

Because the market forces labor to trade at market value plus zero, there is never a profit to tax.

>>10250130

lol….