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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: d[-_-]b who wrote (45020)	2/14/2011 11:28:12 AM
From: John	1 Recommendation Read Replies (1) \| Respond to of 103300

I disagree of course - I think the sliding scale discourages work - if everyone pays the same reasonable tax of 10% or less it's better for all. Besides it's fair across all income brackets, your suggestion it would encourage savings is of course only for those that can afford to save and the more you make the more tax you can avoid - this is the foundations of class warfare. I agree that saving money is more likely for wealthier earners, but I see that as a healthy incentive for people to improve themselves. I think that a consumption tax would reward conservative qualities and discourage impulsiveness. The simple fact of knowing that as I earn more I can afford to save more would encourage me to improve myself. Many of the people who purportedly live from paycheck to paycheck lack self-discipline. Simply put, they choose to live far above their means and then they cry foul when they fail. Every book that I have ever read about very successful people indicated that they live well below their means. My wife and I have endeavored to follow that model as well. We learned long ago that material things in the present do not bring us as much gratification as the potential to have security in the future. So, we resist the urge to frivolously spend and we classify our desires according to wants and needs. Many wares that I can afford I choose not to purchase simply because I do not need them. From my viewpoint, I would benefit much more by only paying a tax when I purchase something rather than when I trade my professional services for money. I think that many others would benefit as well. In fact, I think most would benefit if they were less impulsive. As others have suggested our government would enact this consumption tax before they eliminate the existing income tax and then we'd have both. As I mentioned, I am inclined to agree, but my arguments for a consumption tax are predicated on the ideal situation of having a consumption tax in lieu of an income tax.