It's refreshing to see intellect in action. That is certain more rare here today than in the past.
I'm not sure why so many so-called conservatives oppose the shift from emphasis upon income taxes to an emphasis upon consumption taxes.
I think people are just conditioned to think VAT means evil or something. Which, of course, is utter nonsense.
It is a silly myth that VAT killed Europe. That's like saying a gun itself kills somebody. It is the LEVEL of taxation and spending which kills once-free governments.
Call it a business tax, VAT, whatever. It is consumption-based taxation. Which is a good, fair and moral thing.
Progressive income taxes are the bitter enemy of Freedom - which used to matter around here.
And, love him or hate him for other reasons, Cruz is the only guy left running who is correct about this aspect.
>>Hey Kent C,
It’s refreshing to see intellect in action. That is certain more rare here today than in the past.
It’s more ‘google’ in action but thanks :-) I’ve read the plan and went to both the Left and Right tax analysis sources and how it works - they pretty much agree. Where the difference is, is in what revenue is generated. The Left of course shows a ‘short fall’ and the tex foundation shows a rebound.
I’ve never thought much of the ‘revenue neutral’ idea. I actually want LESS money going to the FEDs. But the economic growth from less taxes always pulls in more revenue as wages and jobs increase.
And a 10% or even 20% flat tax would pull money from those at the higher end who don’t pay taxes, and may bring much money back from offshore as well.
One reason is because just like in other countries they just raise the VAT up up up until th public can’t afford a loaf of bread;/ I hate that a VAT is added to the necessities, like groceries...you want to add a VAT to a television set, be my guest, but not to the things people must have in order to live.