--goes back to 3. Whereas Polleit's essay says 'deficit' scares people, I say it's the scared people hiding behind tariff protection are using the word 'deficit' to drum up support. They know if they complain about a record Capital Account Surplus then nobody will listen.
What if all they want to do is end income taxes, capital gains taxes, and so on.
No they don't. They want higher import taxes, and call for eliminating Bushes tax-cuts while their at it. Back when GW Bush signed the import tax hikes on steel, I didn't hear anyone saying "Oh golly, we forgot to lower the other taxes first!"
So you're telling us that for most of the history of the U.S. our Congress hasn't had any powers to tax anybody in any way shape or form...because that somehow implicates that we free people would not be free?
No I never made that statement, and if you sincerely don't realize that it was first written by you then we've got bigger problems here then just econ issues.
Wrong.
Back when GW Bush signed the import tax hikes on steel, I didn't hear anyone saying "Oh golly, we forgot to lower the other taxes first!"
So? Those trade adjustment sanctions were government actions to counter explicit foreign government actions. All very much in accord with Adam Smith.
I am talking about general replacement of the entire corpus of the tax system with one that imposes instead a general revenue tariff and a national sales tax. This rewards U.S. production, savings, investments, etc. Pure supply side. And why don't you ask Malcolm Forbes if he would prefer this to what we have now...or even his flat tax if he thought we could move it through Congress?
PR: So you're telling us that for most of the history of the U.S. our Congress hasn't had any powers to tax anybody in any way shape or form...because that somehow implicates that we free people would not be free?
E.P.: No I never made that statement,...
You came pretty damn close. You keep exaggerating some perceived slight of revenue tariffs, demanding they be totally zeroed out, and pretending that you have no responsibility for the punitive taxes that took their place historically. So now you try and back away?
and if you sincerely don't realize that it was first written by you then we've got bigger problems here then just econ issues.
Well I guess YOU do, anyways. Sigh.