Flat Tax, Criticism of a Low 10% Rate.

Discussion in 'Budget & Taxes' started by wgabrie, Mar 4, 2022.

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  1. bringiton

    bringiton Well-Known Member

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    No, you do not know what you are talking about. Excessive outsourcing and imports are merely symptoms of the excessive, cancerous burden of privilege and the associated unjust and economically harmful taxes on production. You can't cure cancer with a band-aid.
    No, the debt is irrelevant, as Japan proves. The real debt problem is the debt-money system that enables banksters to force the rest of us into debt by holding the economy to ransom every decade or two.
    No, that's irrelevant, too. The real problem is the privilege-based policy environment that makes it uneconomic to produce things and employ people here.
     
  2. bringiton

    bringiton Well-Known Member

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    Do you ever think there will be a point where economic know-nothings will find a willingness to understand that the problem is not how high the tax rate is, but what is taxed, and how?
    No, because that's how much of GDP the privileged are legally entitled to steal, so that's how much has to be made up by producers.
    Yes. You are saying that you do not care about liberty, justice, or the truth.
    It certainly wouldn't if the privileged were still legally entitled to steal 40%.
     
  3. wgabrie

    wgabrie Well-Known Member Donor

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    I just made a guess of 40% I don't know a real number that would pay for big government programs.
     
  4. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    And it might be that 15% could pay for government programs, or it might be that even 90% would not be enough to pay for government programs.
     
  5. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Let me try to understand what you're saying. You're claiming there is some economic reason why taxes have to be close to equal to the percentage of profits rich people are allowed to take home? Could you explain more why you think that is?
     
  6. bringiton

    bringiton Well-Known Member

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    No. Not the percent of profits, the percent of GDP; not profits, economic rent; not the rich, the privileged; and not allowed, legally enabled.
    The Henry George Theorem. And even when governments spend on things other than desirable services and infrastructure -- like bombing people in poor countries -- the spending mostly goes to banksters, IP monopolists, corporations that get no-bid government contracts, etc.
     

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