| Akvod said: Politicians talking economics, is like philosophers talking science, or postmodern writers talking about anything. |
Politicians are not usually the best people to decide economic/financial policies. Politicians are talking heads usually with a lawyer background. Lawyers usually do not fully understand economic policies. They only do what is best for their power brokers: Unions, Civil rights, Environments or Big Corporate business mates.
A Flat tax rate system would be a terrible idea unless there was a tax free zone up to the first $30,000 to compensate the low income earners. The high income earners have the luxury of reducing their taxes through foreign markets and tax loopholes. There are always loopholes in a tax system for the rich elites to exploit.
The military and police need adequate funding to protect citizens and the nation's assets. Infrastructure, Welfare, pensions, education and health system need to be paid for by the collection of taxes. Wealthy people need to pay taxes and contribute towards society just like all other citizens of a democratic society.
