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Old 2012-10-19, 10:22   Link #1610
SaintessHeart
NYAAAAHAAANNNNN~
 
 
Join Date: Nov 2007
Age: 29
Quote:
Originally Posted by Vexx View Post
He wants all taxes to be purely a sales tax (with exceptions for food or whatever). This isn't necessarily a bad idea (like a VAT) to replace the 3-tier (income, property, sales) type of tax system. It encourages saving rather than spending blah blah blah. It has the unintended consequence of making it tougher from economies to recover from down cycles, etc.


The problem is he's just buying his way to his solution - not exactly a "debate of ideas", more like steamrollering it with trucks of money -> plutocracy.
He is probably a pragmatist since :

1. Consumerism in US can help generate greater revenue in sales taxes instead of regular tax, but it is highly volatile due to market swings and business cycles.

2. He recognised money talks louder than it seems in the US political world.

He may be a using the lobbyist weapons against them, but his methods will simply drive US deeper into plutocracy despite his good and down-to-earth intentions.
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When three puppygirls named after pastries are on top of each other, it is called Eclair a'la menthe et Biscotti aux fraises avec beaucoup de Ricotta sur le dessus.
Most of all, you have to be disciplined and you have to save, even if you hate our current financial system. Because if you don't save, then you're guaranteed to end up with nothing.
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