George Soros. There's another guy who knows how to handle money. You'd think that Republicans would admire people who make a lot of money and then use it to make the world a better place.
But I guess that strays a little too far from Republicans' policy of out-and-out money-grubbing greed.
As for my tax proposal, it's pretty simple. All user and sales taxes are regressive by nature and, therefore, unfair in that they are a greater burden the less that you make. The burden should be shared equally among all citizens, which requires a progressive tax rate.
But if we applied progressive tax rates to all of the different kinds of taxes and revenue-generating mechanisms that we have now, our tax system would become more complicated, more unpredictable, and more
expensive than it is now. I think it would collapse.
I want to simplify things as well as make things fairer. I want to get rid of all sales taxes, user fees, and other revenue sources and have only a progressive net income tax. I want to tax only net income, but all net income except for assistance and/or investment payments to the poor, Social Security, Medicare/Medicaid, and the like. I see no reason to exempt any other kind of income.
However, I would provide for income deductions for business expenses, and basic living and investment expenses such as medical, food, housing, education, and child support expenses
*. This is because I'm interested in taxing only real income. But the whole tax system would be simpler, saving lots on administrative expenses -- and not merely the government's administrative expenses.
And the rate structure would be an exponential curve that matches the exponential income curve. (That's right, rich guy: we're comin' for ya, because you've benefitted hugely from the infrastructure that we've provided to you.)
The whole purpose is to make it possibly to fairly distribute the
burden of paying our country's expenses. Right now, there's no way to do that without increasing the size and cost of our bueauracracy tremendously -- and unnecessarily.
Note to the left: never apologize for fair taxation. People have to understand that they are paying a debt that they incurred the day that they were born -- although we'll happily forgive everything and provide for their every need until they grow up.
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* Here's were I get crazy: Ideally,
all of those things should be provided as part of our social contract, and all citizens should share an equal quality of life, also sharing an equal burden for maintaining that quality of life. This urge that some people have to be "better" than their neighbors is inherently immoral. Still, I recognize that not all people contribute
equally to society. For instance, I'd take every cent I could from leeches like George W. Bush because they contribute
nothing to society. I'd be more forgiving of Soros. And the moneychangers and bookkeepers no longer would be the richest people in our society. It would be the inventors, engineers, scientists, artists, and teac
hers who compose the upper crust (with special recognition to extraordinary organizers).
But I'll leave that for future generations to figure out how to provide in future centuries, when they've found that exact center between socialism and capitalism.
by
Juarez Traveller on
02/18/2008 02:12:50 PM EST
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