Posted on 03/25/2010 12:55:24 PM PDT by Andrea19
...[T]he solution is “a surtax on extremely high levels of consumption”.
Um. What? At a time of economic downturn, Professor Frank wants to impose a crippling tax on the economy. That will further hamper economic growth. That will cost jobs, that will hurt the economy, and so on. Riiight.
Professor Frank’s rational for this… ‘interesting’ … position is that that we need to boost our national level of savings...
(Excerpt) Read more at atr.org ...
That's all they got.
How about a Dead-Ass tax on talentless, abysmally unproductive, hideously overpaid, academics.
I’m with him. Let’s implement a series of high tariffs (consumption tax on those purchasing imported goods). Let’s get rid of all other taxes.
We’d be back where we were through most of the 1800’s . . .
Free.
Most of the Cash 4 Clunkers money went for cars that hardly of the Prius variety.
Does this mean they’d pay you to buy something nice, then turn around and FINE for for that..?
1. Pay us to buy cars
2. Fine us for buying certain types of stuff
3. Legally require us to buy stuff that previously we (usually) chose to buy
THIS IS GETTING COMPLICATED.
That huge tax on yachts worked so well in the early 90’s that they want to try it again!...............
I’m sure that taxing the guy who buys a yacht and has a net worth of $25 million (the purchase of which hardly makes a dent in his “savings rate” will encourage the peons to save more... huh? What a moron. Might as well put a high tax on food to encourage the postal worker to eat less and save more.
We have lots of sanctuary cities —how about some for TAX...?
That city would simply ignore federal tax law, and that would Be Nice. People would like that, and they might smile, or have a happy day. That would be a nice, not nasty city.
Whaddya think?
What you tax you get LESS of you idiot! (not you Andrea)....What we need is a tax on ignorant Professors.
The biggest spender of all is the government. How about placing a corporate tax of 35% on every dollar they spend and giving that money back to the taxpayers?
another Sooooper-Geeeenyus in the Paul Krugman mold
All taxes siphon capital from the free market. Frank is arguing that Obama should now use a huge pump since the siphon is going fact enough.
The American With No Abilities Act prevents that.
Okay. So Professor Frank thinks we have too much consumption and not enough savings. And wants to use tax policy to change the mix.
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The professor needs to come by my home if he thinks we have too much consumption. My poor wife!
All union made products should have a tax on them.
/evilgrin
I propose that congressmen pay 2% more than the highest income tax rate they levy on citizens.
Costa Mesa used to have boat builders on just about every streeton the westside, now I think there are two.
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