Except, here in some states we have the so-called Tax-Payers' Bill of Rights (TABOR), which does more harm than good. As member of the graduate student government here at the University of Colorado we are working toward repealing TABOR.Government spends X gets tax revenue of Y has to borrow Y - X to fund the gap but the interest payments go into next years X. ? So the X gets bigger. Result misery, or 2008 and onward. Something has to be done world wide I think, the South Americans have a good way of dealing with the problem, they renege on the obligations and start again.
They pay excise taxes already, what would be the difference? Low income people need to pay taxes out of principle so that it is understood where their benefits come from.The argument against a flat tax is usually that it is unfair to low income people who currently pay no (or very little) federal tax. A VAT type tax or flat would result in a large tax increase for these people, who are the ones who can afford it least.
No. Half of it would probably be me and British_Rover contradicting it and one third would be me questioning the intellect of anyone who call Eisenhover era tax levels 'communism'.Wouldn't that just be 200 pages of people saying "Introducing higher taxes = Communism"?
It sounds immensly imbisilic and like one of the worst ideas I've heard since that clown who wanted me and my colleques charged for evicting him last night. It ranks up there with the House of Lords voting against a budget in 1909.Doesn't sound too bad, now does it?