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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (121087)3/1/2010 3:33:14 PM
From: Freedom Fighter  Respond to of 132070
 
I think this is one reason that a flat tax makes a lot of sense.

If you eliminate all (or most) tax deductions, you eliminate the ability of the private sector to use government to minimize the tax bills of certain people, industries etc... at the expense of others. Not only would that be fairer, it would be economically superior.

Of course, since such a high percentage of people in this country are "net" receivers of benefits (pay no taxes at all after adding back their government benefits), there probably should not be any taxes on income up to "X" dollars. Then the flat rate would kick in.

I also think we should move away from taxes on capital (interest, dividend, and capital gains) and move towards consumption taxes. To keep it less regressive, items like food, beverages, and other requirements of life could be exempt and luxury items could be targeted.

I am generally against using tax policy to manipulate the economy or behavior, but as long as we have already moved towards such a economically moronic and less free society, we are going to need substantial tax revenue. So we might as well do it in a way that does the least damage over the long haul instead of trying to maximize the short term at the expense of the long term or playing class warfare.



To: John Koligman who wrote (121087)3/1/2010 6:06:04 PM
From: Skeeter Bug  Respond to of 132070
 
John, you've fallen into the left/right paradigm rabbit hole. hedge fund managers pay 15% on the money they make running OTHER PEOPLE'S money. do any democratic senators complain and try to change the tax to make it within range being fair to anyone to anyone else? heck no (especially not from NY!).

wasn't it a democrat that gave the pass in the first place?

both parties are there to deceive you into thinking you have a choice. you don't - not on issues important to the oligarchs who own government.

there is no anti-war (increase debt making bankers rich) vote.

there is no anti-bank bailout vote (print up trillions and give it to ourselves while sticking others with the bill - weeeeeeee, such fuuuuuuuun!)

there is no anti-pork barrel spending vote (direct payments to special interests, debt increases and bankers get rich off the debt).

there is no anti-illegal immigration (increases debt, increases banker profits, reduces cost of labor - slaves, weeeeeeeee!, huge group of people who don't understand individual freedoms or rights ripe for manipulating).

there is no "stop robbing social security and medicare" vote.

THEY. DON'T. EXIST.

by design.

on issues that matter to the financial elite, there is only one party that uses divisive tactics in order to pretend there are two parties.

the solution isn't more demicans or more republicrats.

the first step is too kick the criminal banking cartel out of the government issued money loop, put the power to control OUR NATION'S MONEY back in the hands of the lower house of representatives and vote them out every two years if they misuse the power.

don't be fooled - both parties are owned, lock, stock and barrel, by the criminal banking cartel. they've already allocated $28 trillion (bloomberg news) of your money to the bankers. well over 1,000,000 people have been made slaves for ETERNITY - the number of people who have to work full time and pay 100% of their salary to pay INTEREST on this theft.

BOTH PARTIES SUPPORTED THIS!

don't be deceived and let them stay in power - they will bury you when they bury everyone else.

swarmusa.com is a great start.