| 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 :) |
Do you have any idea how badly this would work? People would start buying all their goods abroad either online or through other means to avoid the tax because they would end up saving more money that way, not to mention exports would decrease dramatically.
What you are proposing would cripple the economy because people would adjust their spending habits to avoid the tax whenever possible. A less than 10% sales tax may affect people's purchasing habits, but not anywhere near as much as a 30-40% tax.
You claim to know so much about economics, but you are proposing something that would cripple the U.S. economy.
We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke
It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson
