The notion that we are rolling back our rights with crud like the patriot act, while anyone who can walk can cross our southern border and get a job, buy a car and a gun is absolutely insane.
I get MONDO tax deductions right now, but I'd gladly give them up for a flat consumption tax, even if I'd have to end up paying more.
Beyond the innate fairness of this system, if you exempt housing, food and clothing, it means that the poorest of the poor pay no tax at all. And then beyond that, you can apply local stimulation (for example, as a response to a disaster like 9/11) by dropping the at-the-register consumption tax. no paper work, no byzantine forms, just a tax holiday. And Sector-by-Sector stimulation can be had by dropping the tax on a particular good.
Davin L.
Flame » in reply to With a consumption tax....
You mean... We'd have to actually.... ENFORCE border security?
The whole thread (29 posts)
- US Tax Code
- Consumption tax drawback
- The wealthy in this country, have most of the money.
- With a consumption tax....
- You mean... We'd have to actually.... ENFORCE border security?
- re: You mean... We'd have to actually.... ENFORCE border security?
- That might work, but here comes the paperwork again. (n/t)
- An at-the-register value added tax would be virtually paper-work free
- re: value added tax
- Poverty ID
- Solution: Tax everything and pay the poor
- fascinating ..
- I haven't really worked it out but I think you might have a Perpetual Motion Machine on your hands. (n/t)
- In effect that's what Fair Tax proposes
- re: value added tax
- An at-the-register value added tax would be virtually paper-work free
- That might work, but here comes the paperwork again. (n/t)
- re: You mean... We'd have to actually.... ENFORCE border security?
- You mean... We'd have to actually.... ENFORCE border security?