cawacko
Well-known member
You idiots have no idea. The vast majority of wealth in this country is obtained the old fashioned way... From your ancestors.
Someones been drinking...
You idiots have no idea. The vast majority of wealth in this country is obtained the old fashioned way... From your ancestors.
Not surprised you did what I though and split hairs.
I will agree with you on rent seeking. But, companies will do that regardless.
I personally support a sales tax. It is equitable and everyone pays
More estate tax, luxary tax, a fee on stock transactions, tax on bank holdings, tax on realestate holdings, tax on large money transfers, gift tax on large money transfer tax....
Sales tax on large luxary items, international airplane fairs, there are plenty of ways to work it.
None of it is fair, I simply think directly taxing the proceeds of hard work is one of the most unfair ways to do it.
going to the moon was considered near impossible in 1955.
Okay, so where's the economic Wernher Von Braun that can kickstart your little fantasy?going to the moon was considered near impossible in 1955.
Not surprised you did what I though and split hairs.
I will agree with you on rent seeking. But, companies will do that regardless.
I personally support a sales tax. It is equitable and everyone pays
But it's not nearly as good for the economy as progressive income tax.
So I personally support the progressive income tax. It increases aggregate demand and accounts for inequality of circumstance.
Bullshit on steroids, obviously the concept of regressive taxation means nothing to you.
http://en.wikipedia.org/wiki/Regressive_tax
y not?
You idiots have no idea. The vast majority of wealth in this country is obtained the old fashioned way... From your ancestors.
What happened Shy Guy, didn't get laid last night? Now you're bitter and decided to phag out on the board this morning?
Okay, so where's the economic Wernher Von Braun that can kickstart your little fantasy?
Something made me remember The Dude's groan fest, so I wanted one for myself.![]()
If someone is pretending all liberals agree with me they are idiots.
Why don't all people with good income leave the country?
Where would corprations be without the workers? It is just an idea, until you can implement, sell and distribute it, plus oil companies are a bad example, natural resources should be owned by the people!
Shy Guy, Alaska owns our oil, the citizens get a dividend from oil money investments. This very conservative state loves this arrangement.
No. For an individual you gain wealth by income minus spending. For a business wealth or owners equity is increased by income minus distributions. Taxing them is different and will have very different results. For instance, income taxes have the effect of encouraging corporations to accumulate more wealth than may be healthy or needed as distributions are taxed twice. I would prefer to have wealth taxed to avoid the massive corporations which inevitably engage in rent seeking.
Ahh yes the old "regressive tax on the poor" meme.
If you agree that EVERYONE should pay taxes in an equitable manner then the sales tax is the only way to go. It is fair, does not require a bureaucracy to enforce, does not require oodles of paperwork and wasted man hours, and it is very difficult to avoid. Everyone pays it and there is no way to duck it.
The only people who hate it are those who really don't believe in "everyone paying their fair share".