Posted on 08/28/2007 4:39:18 PM PDT by Bigun
Compliance costs all the way through the production chain make up the rest — it’s a bitch to fill out those government forms. Trillions can be saved. Trust me. Who are you going to believe, me or common sense?
>>Compliance costs all the way through the production chain make up the rest its a bitch to fill out those government forms. Trillions can be saved. Trust me. Who are you going to believe, me or common sense?<<
Well, actually you are a pretty common sense guy...at least most of the time... :)
Do we have a good estimate of compliance costs and a comparison with projected compliance costs under a flat tax/sale tax?
Take a clue: Consumption is only one of four components of GDP.
I will not do your homework for you. Let's see what you come up with. I'm ready to be dazzled but please no doctored charts!
You know, you are actually, I believe, counter-productive to your cause. As such, I’m gonna stop arguing with you.
Well at least you are starting to allocate factors more rationally.
But you are oversimplifying.
One note to bear in mind is that Clinton took the longterm (30yr) debt and refinanced it to 5yr debt at a lower interest rate. The result was a windfall in revenue savings but it also was a reckless move that GWB had to correct. By bringing back the 30yr treasury bond, GWB allowed a hit to revenues but lowered the risk to the country.
These facts and many others are needed to explain charts. When discussing tax cuts and revenues, often an ignorance of these types of facts lead to an incorrect conclusion. It happens frequently.
So be careful when using charts.
The primary reason that tax cuts work is that it puts money back into the private sector where it is used for growth and spending. Growth and spending are primary drivers for revenue collections.
You should actually stop arguing until you have objective facts and inferences which you don’t presently have.
You needed the challenge whether you think so or not.
The fact is when you post errors about GDP and tax cuts and such, others especially youngsters may get the wrong idea about economic theory from glancing over your posts. My comments serve to alert to errors. If you take it personally that is your problem.
What kind of mind continually draws such conclusions? And what is it about the figures that I am lying about? Figures don't lie. Is that why I have seen none from you SQLs?
That’s not an example. That’s two screen names.
Oh I see I got to you.Don't flatter yourself. You're a laughing stock of the Fairtax movement.
Employing social psychology to convince and encourage is not scary nor demeanng.It is in the context you describe...In fact it borders lunacy.
Ha!....yeah I got to you....Hehehehe.
You’re not up to a challenge there Einstein.
Now let’s see you cut & paste again and tell folks that they haven’t read through your hallucinations.
Youre not up to a challenge there Einstein.Challenge? What callenge? were you saying something about delusional?
Second, assuming the economy always grows over time, we would expect tax revenue to also increase over time.
Currently, 17 cents of every dollar collected in taxes is merely used to make interest payments. In other words, we are paying through the nose to just tred water.
Why is the prebate necessary if prices remain the same and people have the same amount of money to spend?
Oh, it’s plenty enough of an example for any non-self-deluded freeper that cares to do a posting search
You can’t even quote me correctly, and ignoring the meat of the statement doesn’t count.
I really prefer the “National Sales Tax” 3% period no more and food (dairy, grains, fruits & veggies) and Dr. prescribed medicines are not taxed. Booze, soda etc are taxed.
Everyone pays their fair share. With a fair tax, there are too many loop holes and the wrong house could meddle with the rates.
Yippee! What an accomplishment. The budget deficit declines and the debt continues to grow.
Sounds alot like tax cuts increase goverment revenues, doesnt it? Yet it is a fact.Funny your other face didn't mention tax cuts/increased revenue as the reason for Kotlikoff seeing the need for a 4.9% (revenue neutral) Fairtax rate increase.
Recently, Kotlikoff estimated the necessary NRST rate for 2007 based on increases in government spending and consumption. The results were to increase the NRST from 23% to 23.82%.
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