nintendo_fanboy on 07 November 2007
| hibikir said: While I want the Republican Party to pay libertarians more attention, his economic policies are complete and utter madness, so I hope he doesn't get elected. Flat sales tax and no income tax means one thing: You'll be worse off the more money you spend, compared to your income. If you save a lot of money, you pay less taxes. If you spend most of your money, you get taxed out of the wazoo. Who happens to spend most of the money they earn? Poor people. Who invests most of their money? Rich people, that cover most of their needs with a fraction of their earnings. So a tax system like that would crush the poor and make the biggest fortunes in the country very happy... precisely the opposite of what the country needs. I think that leaving people unable to pay for their healthcare due to 'market conditions' is the sign of a third world country, and that's precisely what a libertarian economic policy would get us. I agree with him on most constitutional issues though, so I do share more with him than with any other Republican candidate. |
If you are talking about Liberalism, you have to remember that the ideals of the French revolution are the true goals for any libertarian: not only liberté, but also fraternité and especially égalité are important. That means that people should have the same chances at the beginning and therefore the educational system and the healthcare should not depend on your income; it should be something that everyone can get. That shows that social questions are not neglected by Libertarians, and something highly unsocial like a taxe system based solely on sales taxes can't be the goal of a libertarian politic. On the other hand, it is a fact that the tax system nowadays is way too complicated, especially the income taxe. Due to that, the income tax should be made easier radically, you should have to pay a certain percentage of your income without any exceptions.
