This is right out of "Atlas Shrugged". Since when is the Government in the business of "Making a Profit?"
Since we all decided that living in a civilization is better than living as a pastoral nomad. Taxes suck...but they are a reality of modern life.
Now...hold that thought for a moment and hear me out.
I thought that this maybe should go into a different forum, but decided upon Political Madness since this is madness thinking that by sweeping a broad
tax brush will just hurt the big businesses. It hurts the little guy as well.
Of course it does. Especially when the national discussion is boiled down to idiotic simplicity on whether or not taxes are "good" or "bad".
Imagine what would happen if all that effort expended on taking the completely unrealistic and indefensible position of "all taxes are bad" was
channeled into communicating how a raising taxes on The Peasants
is bad and it's time to start taxing the bejeebies out of the obscenely
You know...Obama's whole tax plan.
Don't get me wrong...I'm not a big Obama supporter. Especially when it comes to warmongering, drones, torture, and signing off on police-state
martial law bills....but economically the guy has a pretty sound and pragmatic vision for the future. No surprise, really..he didn't come up with
it. It's the Clinton Plan. By comparison to today...the '90's sure were a good time, weren't they?
The REAL problem with taxation isn't the "percentages" or the "loop holes". It's that we ascribe taxation rates based upon a two-dimensional
paradigm where the X vertice is "annual income" and the Y vertice is "rate of taxation". Sure, it's "simple" and all...but sooner or later it
will produce lousy results because we experience the world around us in FOUR dimensions (length, width, depth, and time). Moreover, according to
everything we know about the physics which governs the world and universe around us...these dimensions are Relative in their natures...not Classical
(i.e. Newtonian or Linear).
Therefore a TRULY sound tax code MUST be built on a four-dimensional data model in which:
X = Annual Income
Y = Rate of Taxation
Z = Total Net Worth (RELATIVE
to the rest of the population as a percentile rank)
T = Time Series (i.e. DURATION
of time spent at percentile rank Z)
A tax plan which took THESE variables into account would allow us to TRULY "raise taxes on the rich" without screwing the little guy for the first
time in human history. After all...I can TOTALLY sympathize with the mom & pop homebuilder who just lost money and/or struggled desperately to break
even 5 years in a row who now might finally have a good year again 2013. Let's say the guy profits $250K next year. At first glance it sounds swell
to make a guy knocking down $250K a year to cough up a lousy $10-$15K in taxes in order to basically save the country from imminent ruin.
Christ...it's the PATRIOTIC thing to do. However...this guy DIDN'T make $250K this year. He only made $50K this year because he broke even the
last five years. Hell...he could have pretty easily wound making only $30K per year the last five years if lost money on a couple spec houses.
Now...compare that to douchebag corporate exec who has been raking in $250K per year since 1998 whether his company is making money or not or the
young guy who had his first "big year" of his entire life just in time to enjoy getting clobbered with a tax hike. BIG DIFFERENCE IN MORE WAYS THAN
ONE! The guy who just FINALLY made $250K or just finally made it AGAIN is much more likely to take that cash and REINVEST IT back into the economy.
Our Hypothetical Home Builder hasn't bought a new truck in a MINIMUM of 5 years and quite possibly a lot longer, some of the tools need replacing,
and he no doubt would like to hire some additional help since he's probably been doing his job + 2-3 more in order to cover for the people he had to
lay off when everything went to hell. The young guy might want to look at buying a house and putting perhaps MORE THAN the minimum 20% down, etc.
However, the corp. exec ALREADY HAS a brand-new car, a house, and a cabin up north. They are far more likely to gamble it away in the Wall Street
Casino or buy luxury goods. Unfortunately, buying the wife another $20K worth of jewelry doesn't employ as many people as buying $20,000 worth of
But MOST importantly...it would allow us to tax the no-talent, lazy, and not particularly intelligent 3rd, 4th, & 5th generation silver-spooners like
Romney, Trump, and the Rockefellers an appropriate 80% of their net worths or so in order to reward MERIT instead of essentially being born to
nobility like in Medieval Europe.
The catch? The COMMON MAN has GOT to step up the level of their thinking and realize that "simple solutions" aren't adequate and "complex
solutions" don't NECESSARILY equate to "clusterf#$%k".