Re: OT - Politics

J. Clarke wrote:
<SNIP>


Not sure that penalizing them for deficit spending is necessarily a good idea. Sometimes that helps the economy.


This is arguable. The government produces nothing, hence cannot
add to the GDP. But even if it did so, the Federal Government
has no Constitutional authority to "help the economy".


Step Three
----------

Instantiate a flat tax like the Fair Tax via a Constitutional
Amendment that forbids the institution of *any* other kind of tax.

So no protective tariffs on foreign trade even if other countries do enact such tariffs?

Right. Tariffs are yet another attempt to "manage" economics.

> The "Fair Tax" proposal seems to be a 23% sales
tax, which is a "soak the poor" scheme.

Go reread it. It does no such thing. It rebates *everyone* the
amount of money a "poor" family would pay in taxes. This means
the truly poor pay no taxes.


--
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Tim Daneliuk tundra@xxxxxxxxxxxxxx
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Relevant Pages

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  • Here Comes Socialism
    ... years that will permanently change our government, ... they are aligned for Obama. ... system and the economy. ... And he will so sharply cut taxes on the middle ...
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