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Tax and Social Security Reform: Thinking Outside the Box
NCPA ^ | Thursday, September 29, 2005 | Hans Fehr, John C. Goodman, Sabine Jokisch, Laurence J. Kotlikoff

Posted on 09/29/2005 11:50:45 AM PDT by ancient_geezer

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To: ancient_geezer
I have FINALLY managed to find the time to sit down and read this study and conclude that:

1. ANY objective and honest reader will be convinced, beyond any shadow of a doubt, of the need for our current income tax system to go where it so properly belongs. Onto the ash heap of history!

2. For a multitude of reasons, most of which this study alludes to, the very best replacement for the income tax system is a broad based point of sale retail sales tax such as that described in legislation (HR25/S25 the Fairtax bill)currently pending before both houses of Congress!

3. This study validates, in every respect, what the fairtaxers and their predecessors at CATS have been saying for more than a decade now and moves us further toward the goal of getting this done for the good of ALL Americans!

21 posted on 10/01/2005 1:38:12 PM PDT by Bigun (IRS sucks @getridof it.com)
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To: ancient_geezer
Hmmmm.. outside the box...
Well outside the box, revolution is a valid option..
22 posted on 10/01/2005 1:48:53 PM PDT by hosepipe (This Propaganda has been edited to include not a small amount of Hyperbole..)
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To: hosepipe

If you don't mind messy and hard on economies.


23 posted on 10/01/2005 5:08:41 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
[ If you don't mind messy and hard on economies. ]

And also, being invaded by Mexico, other nationalitys and God knows who else..
WAIT, thats happening already..

24 posted on 10/01/2005 7:03:15 PM PDT by hosepipe (This Propaganda has been edited to include not a small amount of Hyperbole..)
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To: hosepipe

And also, being invaded by Mexico, other nationalitys and God knows who else..
WAIT, thats happening already..

One interesting proposal to fix that one is to tax consumption goods as they are carried across the borders the same as domestic manufacture. You know ~20% tax levied on all goods to be used for consumption in the U.S.

Give government a big incentive to intercept smugglers/illegals and that nasty etc. at the borders for tax revenue they may owe in the stuff they haul in with them.

Government gets real motivated at the borders when a dollar in tax revenue is at stake ;O)

25 posted on 10/01/2005 9:21:22 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
[ Government gets real motivated at the borders when a dollar in tax revenue is at stake ;O) ]

I thought you wanted OUT of the box..?.. The government is US.. The republican party is us.. more or less.. regrettably mostly less.. Big government republicans ARE socialists their not LIKE socialists they ARE SOCIALISTS.. The republican party generally is in extreme denial about whom they/we have become..

Even here, no, especially here on free republic..

26 posted on 10/02/2005 9:11:43 AM PDT by hosepipe (This Propaganda has been edited to include not a small amount of Hyperbole..)
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To: ancient_geezer

Great post, a_g. Of course, I would like to have seen their direct analysis of the Fair Tax, but your comments are very helpful on that point.


27 posted on 10/03/2005 11:22:05 AM PDT by n-tres-ted (Remember November!)
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To: hosepipe

Given of course total overthrow of government through violent revolution is not a viable option for anyone.

You figure the Libertarians are going to be in a place to effect any changes in my lifetime.

LOL, now that is a real fantasy.

The parties we have are what we've got to work with.

You either work through the resources available or expect status quo for next hundred years. Sorry if that doesn't meet your instant gratification expectations but that is the simple truth of the matter.


28 posted on 10/03/2005 11:35:07 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
[ You either work through the resources available or expect status quo for next hundred years. Sorry if that doesn't meet your instant gratification expectations but that is the simple truth of the matter. ]

You've boxed yourself in pretty good there..
Considering the title of this thread..

Thats was what the Civil War was about, mostly..
Altering the course of the nation for a hundred or two hundred years.. The big government republicans won though.. Shortly after(civil war) that we get the federal reserve(central bank) that both Abe and Andy Jackson voted against and were assasinated for vetoing, Andy survived though..

I would be for your velvet glove tax scheme except that I believe more direct action is required for this nations travails.. since what the Constitution says (NOW) is, whatever 9 Supremes say, it says, actually less than 9.. Thats not according to orignal design.. and stands original design on its head.. and also makes your velvet glove tax scheme brilliant but standing on its head.. and silly really..

Would laugh but I'm serious as a heart attack.. sorry.. This countrys problems are FAR greater than financial.. even than political.. Americans hearts have been penetrated with Marxist agitprop and they/we believe the lies (more or less) and will elect another set of Posuers as politicians if the current set is (lets say) retired.. Money may be the root of evil but cutting the roots is much harder than girdling the tree.. <-- as the framers suggested.. i.e. 2nd amendment.. and many many quotes.. are you smarter than they?..

29 posted on 10/03/2005 12:19:21 PM PDT by hosepipe (This Propaganda has been edited to include not a small amount of Hyperbole..)
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To: n-tres-ted

Of course, I would like to have seen their direct analysis of the Fair Tax

You and I both, hopefully much more is to come as the Tax Reform Panel releases its reports and the real show kicks off as tax reform advocates and others start the fireworks to grab Congressional support.

I found section III of this report to be especially interesting in explaining what the largest problems of the Current way of taxing is concerned and why incremental changes around the edges of what we have now is an insuffucient answer:

==> The U.S. Tax System- The Case for Reform


30 posted on 10/03/2005 12:27:03 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
Go back on the gold standard and get rid of social security.

There, I just solved both problems.

Where do I pick up my check?

31 posted on 10/03/2005 12:29:11 PM PDT by Stu Cohen (Press '1' for English)
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To: hosepipe

You've boxed yourself in pretty good there..
Considering the title of this thread..

Considering the title of this thread regards tax and social security reform, not total revamp of all the ills of government, I see no problem.

Thats was what the Civil War was about, mostly..

And lost by those that figured going back towards Article of Confederation days was a viable option I note.

I would be for your velvet glove tax scheme except that I believe more direct action is required for this nations travails..

Well you may figure it, I don't see your route as particularly useful nor one having a predictable outcome in terms of who really ends up top dog. Anarchy has a rather nasty face that shows up as a consequence of your more "direct action". Historically such confrontations tend to be more damaging to the protections of personal liberty than working through the institutions that exist.

Money may be the root of evil but cutting the roots is much harder than girdling the tree.. <-- as the framers suggested.. i.e. 2nd amendment.. and many many quotes.. are you smarter than they?..

What I recognize is that the conclusions of revolutions generally do not stay within the control of the idealists who bleed in them. Be careful what you ask for as the general tendancy from the anarchy of revolution is towards dictatorship not liberty.

I figure I continue to work within the instutions provided under a Constitution as it exists today, rather than what it could be replaced with by those who tend end up top dog out of revolutions.

32 posted on 10/03/2005 12:39:10 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: Stu Cohen

Go back on the gold standard and get rid of social security.
There, I just solved both problems.
Where do I pick up my check?

From the Congress Critter you convince to enact such changes. Just make sure the check has gold deposit behind it :O/

Last I looked the gold reserves in this nation are nil. And no proposals before Congress to eliminate anything, much less Social Security.

Course the proposal of this article is to transition to Personal Savings Accounts owned by the individual in lieu of Social Security. That is a damn'd good step on the way to the second. Couple that with a retail sales tax to encourage individual savings and investment as opposed to extravagent and unbounded consumption, we'll see the dependancy that keeps SS inplace wither away to the point that SS/Medicare would strangle on the vine for lack of interest.

Who knows, with folks encourage to hold hard assets, we might even manage to accumulate sufficient precious metals to consider a return to a gold standard as a viable option which would go along way towards realizing your first suggestion.

33 posted on 10/03/2005 12:51:17 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
Course the proposal of this article is to transition to Personal Savings Accounts owned by the individual in lieu of Social Security.

Most people already have personal savings accounts, therefore, this "transition" could be easily accomplished by simply, well, abolishing social security (which is socialism).

34 posted on 10/03/2005 7:06:11 PM PDT by Stu Cohen (Press '1' for English)
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To: Stu Cohen

Well, "simply abolish it" then. Why you stalling around?


35 posted on 10/03/2005 7:22:20 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
Well, "simply abolish it" then. Why you stalling around?

Because you rat bastards won't vote me into office!!!! ;-p

36 posted on 10/04/2005 3:57:54 PM PDT by Stu Cohen (Press '1' for English)
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To: Stu Cohen

Ahh, but its that other feller's congress critter that is the bad guy, mine treats me just find.

Head! meet brick wall.

Anything is proposable, it what you can get through them Congress Critters that is what is where the tire meets the road.


37 posted on 10/04/2005 4:02:59 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
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