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Originally posted by Harry55
If they want to fix this economy this would be the hat trick. You only pay tax on what you decide to purchase. No one would ever again be on the hook with the I.R.S. and their ridiculous penalty and interest rates. Paying your taxes as you purchase for everyone would bring in more money anyway because everyone would pay.
Originally posted by Memysabu
Most of the people on this thread have a terrible mental ability to extrapolate. In no way does a flat tax make the rich richer and the poor pay more. Infact it would be exactly the opposite. Ill even explain this, it upsets me to even read those replies. It is clear that the people posting have absolutely no idea what they are saying and are posting just to be posting.
[edit on 6-2-2009 by Memysabu]
And there is the rub: Tax havens are created by Congress as they try to manipulate the behavior of society. Take away these tools of manipulation, you take power away from congress.
Originally posted by malcr
lawed example since it is based on the behaviours of the rich with the current tax system. As soon as the rich can see a method whereby they can avoid tax altogether....they will! Some of them currently do avoid paying less tax than everyone else by utilising tax havens. Poor people can't use tax havens.
Originally posted by n0tsympl
its grand idea but it's best left that way it would create more problems than it would solve ie communism... what about the billions sitting in bank accounts what about the billions sitting in investments this tax would only effect the private citizens who spend thier hard earned money i think this bill would greater divide the rich from poor
Originally posted by ravenshadow13
All advanced societies have high taxes, because people want high public services. ...