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originally posted by: xuenchen
So why has the government gone so crazy with the binge taxes and binge spending ?
originally posted by: Klassified
Everything government NEEDS to fund, can be funded with sales tax and tariffs. No income tax necessary.
originally posted by: Aazadan
originally posted by: xuenchen
So why has the government gone so crazy with the binge taxes and binge spending ?
Because we have things to fund. Prior to WW1 there was practically no defense spending outside of naval spending which the US didn't pay much attention to. There was also no FDA to maintain, no EPA, no Social Security, no safety nets at all. There wasn't even an interstate system to maintain, and there was barely even a series of paved roads.
What the government has done is perfectly responsible unless you can come up with a better way to handle those programs.
originally posted by: Aazadan
originally posted by: Klassified
Everything government NEEDS to fund, can be funded with sales tax and tariffs. No income tax necessary.
Only if you're a fan of regressive taxes. The purpose of an income tax is that it's a fairer system to tax. Sales tax is just a consumption tax, someone with money might consume more, but they don't consume more at a proportional rate to their income. Therefore it increases the tax burden on those who have less.
originally posted by: Klassified
Easily remedied. No regression necessary, a flat sales tax across the board. It isn't those who have less that will be burdened. It is those who make millions and billions who will finally have to pay their fair share. No tax breaks, loop holes, havens, or write-offs. A new car will cost the same for an individual, or a mega-corporation.
You make a purchase, you pay sales taxes, no matter who you are. It is the simplicity of it that the banksters, governments, and corporations hate.
originally posted by: Klassified
originally posted by: Aazadan
originally posted by: Klassified
Everything government NEEDS to fund, can be funded with sales tax and tariffs. No income tax necessary.
Only if you're a fan of regressive taxes. The purpose of an income tax is that it's a fairer system to tax. Sales tax is just a consumption tax, someone with money might consume more, but they don't consume more at a proportional rate to their income. Therefore it increases the tax burden on those who have less.
Easily remedied. No regression necessary, a flat sales tax across the board. It isn't those who have less that will be burdened. It is those who make millions and billions who will finally have to pay their fair share. No tax breaks, loop holes, havens, or write-offs. A new car will cost the same for an individual, or a mega-corporation.
You make a purchase, you pay sales taxes, no matter who you are. It is the simplicity of it that the banksters, governments, and corporations hate.
Does anyone, seriously, believe that significant tax reform, not to mention the wholesale replacement of the current tax code with a so-called flat tax for all, will ever be considered while the fat cats and corporations are profiting so wildly (at our expense) by maintaining the current system?