🚀 go-pugleaf

janik@sashimi.wwa.com (Edward J. Janik) writes:

>>>> What is H.R. 3039?  It is a bill indtroduced by Representative
>>>> Dan Schaefer to replace the Income Tax with a fifteen percent
>>>> national sales tax.  
>>
>>> Ah, the "Let's give the rich even MORE money, screw the poor
>>> and middle class" tax.
>>
>> How does this compute?  If I make 10,000 a year, I would pay 1,500.00
>> Now If I made 100,000 a year I would pay 15,000 a year. 
>> Fifteen percent is fifteen percent.

> Only if you SPEND everything you make... the more you make,
> the less likely this is to occur.

> There are no profits without people.  When someone has more than they
> can possibly spend, why would they still want more and more?  Ego?
> A compulsion based on fear?  Nobody becomes successful in a vacuum.
> Progressive taxation does make sense.  If the poor and the middle
> class have less spending power, the rich will not make as much.  Plain
> and simple.  Trickle up.  The only theory that works in the real world.

False, big time.

I suppose you think that rich people keep money in giant vaults.
They don't.  They invest it in business, and that helps all of us.
Even the middle class can help out by investing in the stock market.

Many people that look rich on paper are actually struggling to make
ends meet.  This is because "their money" is the same thing as
"the money of the small business which they own".  These people
might earn $300,000/year, but then $270,000 goes to expenses.

It is the desire to be rich that drives our economy.  If you make
it hard to get rich, then people are less likely to try.  It is
really good for the economy when people start new businesses.
Why would anyone want to do all that hard work and not get rich?

Anything that helps the rich get richer helps everyone.  The
economy is not zero-sum.  When someone gets rich, that does not
mean that they have taken money from someone else.  It means that
they have created new wealth which they _must_ share with all
their employees.

Jobs are good for the poor.  I have no sympathy for people that
refuse to get a job if one is offered.  The very existance of
welfare is detrimental to the economy.  Why work if you will be
taxed to support people that won't work?  Anyone poor with 1/10th
of a brain knows that there is no reason to get a job.  That's
really bad for the economy.  I'm not quite as cold as I seem
though, because people _will_ get jobs if there are jobs available
and they are faced with starvation.  That's what it takes to get
some people to work, so don't worry about them.

Note that California has high state taxes and the economy has
gone bad.  Nevada and Arizona are doing _very_ well now, to a
large extent because they have extremely low taxes.

Every year the poor have to pay someone to do their taxes.
I don't think they should have to deal with that.

The national sales tax law even includes a tax refund for the poor.
How can you ask for more?  I'd not even include that because the
sales tax is not a flat tax at all.  It's a flat _rate_ tax.

Don't think you can collect much money from the rich.  There are
not enough rich people to make a serious dent in the amount of
tax you pay.  You won't benefit from taxing the rich.  I guess
you are jealous, which is not good (a deadly sin I think).