Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: JohnGalt; Taxman; ancient_geezer; Bigun
...by abolishing with-holding taxes ... to a direct monthly payment from indivdual to government, and insituting a flat tax with no exemptions, the politcal ramifications would lead to smaller government

I agree with this to a certain degree. However, the flat income tax is going to be embedded in the price of everything we buy, just as the graduated income tax is embedded now... hidden and pernicious... insidious even.

Now to your second issue as to whether an nrst would reduce the appetite of govenment for our money. Well, I don't know if ANYTHING could do that, but very strong arguments can be made asserting such. The argument, among other things, focuses on the fact that under the NRST, EVERY SINGLE INDIVIDUAL, regardless of income level, SES, race, religion, etc (you get the picture) WILL HAVE TO PAY FEDERAL TAX AT EVERY PURCHASE. This means we will ALL feel the tax bite every time we buy milk, beer, whatever. No more "tax them to buy votes from those others".

Any pol who wanted to raise taxes would have to raise taxes on EVERY SINGLE INDIVIDUAL who buys anything. That will put downward pressure on taxes. Pols who can figure out ways to things more cheaply will be able to propose LOWERING tax on EVERY INDIVIDUAL who buys! Imagine, politicians attempting to be innovative to lower taxes on EVERY SINGLE ONE of his constituents.

Gotta run, back later for more discussion if you're willing...

And i've pinged another few to help us out...

66 posted on 04/16/2003 12:47:09 PM PDT by Principled
[ Post Reply | Private Reply | To 63 | View Replies ]


To: Principled
Wasn't the NRST Chief Negotiator's main interest? Kind of sad that he missed seeing it come to pass. Hopefully he can watch from heaven and cheerlead from there.
72 posted on 04/16/2003 1:37:40 PM PDT by John O (God Save America (Please))
[ Post Reply | Private Reply | To 66 | View Replies ]

To: Principled; JohnGalt; Taxman; ancient_geezer; Bigun
Guys, A flat tax on income with no deductions and/or exemptions would have EVERYBODY interested in keeping the percentage low, and thus government smaller. ESPECIALLY those with the time and wherewithal to pay attention and have a VERY large impact on those who set that single percentage.

The NRST creates a class of people who will have very little interest in keeping the bite low. And, that class is the most influential in the country. The same bottle of wine costs rich and poor the same with an NRST.

I still imagine the British governors sitting in their dens sipping cognac or brandy discussing raising the sales tax on tea. I used to laugh at the picture. Peace and love, George.

73 posted on 04/16/2003 1:38:12 PM PDT by George Frm Br00klyn Park (FREEDOM!!!!!!!!!)
[ Post Reply | Private Reply | To 66 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson