the only one that could really be reduced easily without major political uprising would be cutting military spending by ending the wars overseas and focusing on homeland defense.
Democrat proposes 1.00% Tax on ATM and bank withdrawals.
- Thread starter invisible777
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You think taxes are immoral? Go live somewhere with no government and no tax-funded amenities. No power lines, no roads, no sidewalks, no sewers, no clean water, no laws, no police, no hospitals, and no people -- because nobody wants to live in chaos with no infrastructure except you, apparently.
Without government subsidies, you'd be eating animals you kill yourself using sharp rocks, wiping your ass with leaves, hoping your rotten teeth fall out so they stop hurting, and praying you don't get ill or injured so you can live to a nice ripe old age of 40.
I'm not saying government is perfect; it's rife with corruption and waste. What I am saying is: it's better than anarchy.
Flat tax system FTW!
It's the only fair tax system because it's based on consumption. By doing this, we can get tax money from ALL income, not just legitimate income.
I'm not an economist, but a flat tax makes sense to me. It would be nice to see big corporations pay their rightful taxes instead of loopholing their way to grotesque profits.
Yeah, no shit. Your title makes it sound like its ONLY on ATM and bank withdrawals.
It took 108 years to get rid of a tax added to help pay for the Spanish American War. The Spanish American War started and ended in 1898.
USATODAY.com - Feds cut off phone tax after 108 years
Flat tax will never happen. If they did that, the corrupt politicians would lose their power over us.
The current tax code is set up to force segments of the population to behave a certain way. For instance, if you want real estate investors to provide cheap housing to low income families, give tax breaks. If you want people to make changes to their homes which conserve electricity, give tax credits.
A flat tax would have to eliminate all credits and write offs and the politicians lose their power to control the population. Not going to happen.
The current tax code is set up to force segments of the population to behave a certain way. For instance, if you want real estate investors to provide cheap housing to low income families, give tax breaks. If you want people to make changes to their homes which conserve electricity, give tax credits.
A flat tax would have to eliminate all credits and write offs and the politicians lose their power to control the population. Not going to happen.
Government subsidies are only possible by taking money from one group (producers) and giving it to another group to consume, typically to buy votes or power.
Government itself has no money, it produces nothing.
Education for the masses started in the private sector. The first roads were private roads. Hospitals until the last 60 years were mostly private. The first universities, markets, unions, welfare services, and armies were all created in the private sector.
Common law? Private sector. Merchant (contract) law? Private sector. Maritime law? Private sector.
If you mean anarchy = chaos, then perhaps. But anarchy is not chaos. It is self government (the absence of rulers, an/archy). It is a market society, where people don't tax one another, they exchange property of their own free will. You see much of this behavior on the internet, where westerners buy seo services from asians, and the only intermediary is a private firm, PayPal, which has no legal authority at all, and barely any commercial presence in Asia itself.
All governments eventually collapse or are replaced because they are not based on a sustainable social order. One can't expect to keep stealing from others (taxes) and borrowing on the future earnings of their unborn grandchildren (deficits) in order to get free medical care (welfare) or buy a McMansion (subsidies), and not expect to have chaos.
Why is the purchase and sale of stock exempt from this? I'm no expert, but it seems like small and medium business owners who want to sell or acquire businesses are going to be taxed, while larger businesses which offer stock instead of cash will be exempt.
And what kind of budget cuts are they planning to make?
And what kind of budget cuts are they planning to make?
The vast majority of those SHOULD be eliminated. Unfortunately, you're right. No one can get elected if he promises to stop giving the sheep what they want.
You realize most of the things you mention here aren't provided by the government? And the ones that are could be provided for by local govt if the feds would worry about what they should be?
The whole thing is so depressing it's sickening. If it wasn't so easy to make a shitload of money on the interwebz, I'd be really pissed. I do need to start looking into ways to reduce my taxable income though. Hard to do with big profits and few sizable expenses other than advertising. This shit is getting out of hand though ...
Nope, non-defense spending was also heavily increased.
Under Bush, Federal Spending Increases at Fastest Rate in 30 Years: News Releases: The Independent Institute
National Debt Soars under Bush | Cato @ Liberty
"Much of the costs for the wars in Iraq and Afghanistan have not been funded through regular appropriations bills, but through emergency supplemental appropriations bills. As such, most of these expenses were not included in the budget deficit calculation prior to FY2010."
United States federal budget - Wikipedia, the free encyclopedia
