| TheRealMafoo said: I want no income tax. Earning money is nothing more then transferring your time into something other people want. Why tax the conversion? I want all tax collected when you spend it. Things like food, and basic clothing can be tax free. All other things should have a tax that is high enough to collect enough money to run the country (30-40%). Also interest should be taxed. The pure act of transferring your time into a commodity should not incur a penalty. Everything else is fair game :) |
That's an interesting idea -- I've heard other ideas regarding a national sales tax but this sounds different. But all evidence shows that tax evasion becomes a major problem with high retail sales taxes.
Anyway, it could be argued that you are simply selling your labor (the commodity you speak of) on a contractual basis. So actually taxes on wages are a sort of sales tax! 
Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.
"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
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The old smileys: 
; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for 
, let me know!
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I have the most epic death scene ever in VGChartz Mafia. Thanks WordsofWisdom!
