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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (180800)	1/17/2004 11:30:37 AM
From: i-node	Read Replies (1) \| Respond to of 1576178

Actual spending usually goes up more under Republican administrations. But Congress spends money, not the "administration".

To: Road Walker who wrote (180800)	1/17/2004 11:40:33 AM
From: i-node	Read Replies (1) \| Respond to of 1576178

>> And you support that? It doesn't really matter whether I support it; it is with us for good or bad. A national sales tax or a VAT? A VAT would at least get corporations paying their fair share, and it's the French way, which I'm sure appeals to you. NST, NOT a VAT. Corporations never pay taxes, people do. Corporation's taxes are simply a component of the price of the corporation's products to the ultimate consumer. But taxing consumption in a consumption driven economy, IMHO, is crazy. Sure path to a recession I'm not sure how one can make such a statement. It would be such a radical restructuring of our economy the term "recession" would take on an entirely new meaning. But the surge in productivity alone would be a transforming event. You like the idea because you could bleed the working (and non-working) poor. We could probably put 10% homeless, a good thing, right? The working (and non-working) poor would pay zero tax -- and the regressive payroll taxes would be eliminated. MY approach (although, I must admit I haven't seen it bandied about) would be to issue a "smart-card" each year to those people who met those criteria which would exempt them from tax a year at a time. The bottom line is that a huge proportion of American productivity is down the tubes, wasted on needless tax accounting. Overnight, this goes away. Certainly has a great appeal to me...

To: Road Walker who wrote (180800)	1/22/2004 5:17:25 PM
From: TimF	Respond to of 1576178

Actual spending usually goes up more under Republican administrations. The new programs over the past century that the greatest amount of spending has gone to have mostly been initiated by Democrats. Unfortunately Bush doesn't seem to be following this pattern with new programs like the prescription drug benefit and the idea of a manned mission to Mars. But taxing consumption in a consumption driven economy, IMHO, is crazy. Sure path to a recession, if not worse. You like the idea because you could bleed the working (and non-working) poor. We could probably put 10% homeless, a good thing, right? I'm not saying I'm 100% behind the idea but I disagree with the contentions that it would make 10% of Americans homeless or that it would be a sure path to recession. Tim