FairTax 4: Losses

FairTax

Tbe original poster wrote: “As a side-issue vaguely related to this, does anyone else detect a surge in the entrepreneurial spirit with people coming up with new ideas, putting them up on kickstarter, getting prototypes made through 3D printing or other means of manufactury, and not having to go through major corporations?” No. (I explained.) […]

FairTax 3: Draft and Poor Cards

FairTax

The discussion ranged to include a possible permanent exemption from income tax for those who have served: “It COULD be a great incentive to get people to join, since we don’t have a draft.” […]

FairTax 2: Incentives

FairTax

Another commenter in the FairTax discussion, and my reply:

[Y]ou’d expect conservative media to support a policy that shifts the tax burden off the rich – the opposite is the case. The Wall Street Journal ran a piece not so long explaining why “fair” tax is an bad idea. It was unexpected to say the […]

FairTax 1

FairTax

A discussion I’m involved in on the MENSA site had one member independently think up the idea of replacing the income tax with a sales tax. He and I are very far apart politically (something he noted during the discussion), but I agree with him on this. There has been a proposal that is continually refined to accomplish exactly this, and it would end the IRS for good. Here’s their website, FairTax.org. And then the arguments started… One commenter needed the IRS: […]

Gas Attack

OilPrices

Charles Krauthammer has written favorably of adding more taxes to the cost of gasoline:

For 32 years I’ve been advocating a major tax on petroleum. I’ve got as much chance this time around as did Don Quixote with windmills. But I shall tilt my lance once more.

NB: 32 years ago, Dr. Krauthammer was […]

Presidential Economy

economy

Do presidents really have an effect on the US economy? That question was put to me. Here’s my reply. The Clinton era was an utter and complete financial disaster — to the point where Republicans won the midterms in a landslide, and were able to force through tax reductions and other Federal constraints. […]

Like Cuba Without the Sun

Hollande_Obama_toast

The new Prime Minister of France in 2012 astounded the world, and pleased President Obama, by imposing a 75% income tax on high earners. Obama invited him over, took him in as a new best buddy, and White House photographs featured the smiling pair together at Camp David. […]

Christianity and Progressivism

comrade-obama

In a discussion at Citizen Tom’s excellent blog, he laments the loss of Christianity (along with politics) as even a topic of popular discussion. In the middle of a long and thoughtful post, with which I largely agree, he notes: […]

Tax Protesting

It was suggested to me in a separate conversation that I am a tax protester who believes that paying any taxes at all is “not right.” I was surprised at this assertion. […]

The Cain 999 Calculator

Here’s a calculator to determine the effect of the 999 plan. The page disclaims any affiliation with Cain. […]