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Politics : Clinton's Scandals: Is this corruption the worst ever?
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To: jbe who wrote (9079)11/17/1998 8:48:00 AM
From: mrknowitall  Read Replies (1) of 13994
 
jbe - re: Taxes. The Brookings' study is monumentally biased toward retention of the status quo. The most blatant part is their run-up of the supposed required rate to accommodate avoidance issues, etc., where they seek to make everyone think it would have to be a rate of over 60%, which they then claim will cause everyone to find ways around it.

There are a large number of technical issues that require debate about a consumption tax, but making it as onerous as possible seems to be the goal of the Brookings' "study."

My position still is that if absolute fairness is the goal, then a consumption-based tax is the only possible, let alone viable, answer. Any other system takes the person(s) being taxed into consideration, and thus, voids impartiality and fairness. If a system can be crafted around the premise of not recognizing the individual being taxed, it would be vastly more fair.

However, given that it would wrest so much power from the political machines, I don't see much hope for it.

Mr. K.
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