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I dont think it's the lack of tax money that's the problem. We have a spending problem.
originally posted by: Puppylove
The problem with taxing based on consumption is after a point you have what you need and stop consuming. Everyone needs food, but you only need so much food. Everyone likes their toys, but for most people they only need so much.
After a certain point you just stop spending. Which means for those greedy gluttons in Washington to get the taxes they want, they need to tax the basics up the wazoo. Which will mean simply buying food will be so expensive only the rich will be able to afford a loaf of bread.
A consumption based tax rapes the poor and barely affects the rich.
originally posted by: LordAhriman
Why don't you post the long game projections? Low and middle class tax goes up every year under this idiot.
I haven't paid federal income taxes since 2004, for the record. We shouldn't have to.
I do support local and sales tax.
originally posted by: Bluntone22
a reply to: interupt42
There are definitely differences between owning and working for a business.
Take social security.
Employees pay half, employers pay the other half.
Self employed plays it all.... If you pay that is.
A business also pays a higher property tax rate than an individual.
A person on and a business are not the same thing nor do I believe they should be taxed the same. Revenue is not the same as income.
originally posted by: Puppylove
a reply to: Edumakated
Of course they don't, but they are damn well going to anyway, and the poor can't afford to take up the governments entire bill themselves.
The main reason the stupid concept of Trickle Down economics fails is the Rich don't spend enough of their money purchasing things already, to switch the system over to relying only on purchases would demolish the lower class and make the rich even richer.