Ozark
(member)
10/16/07 06:37 PM
Re: Taxes

I agree the present tax structure is terrible, and needs to be replaced. I don't think the answer is sales taxes, though. Remember the big overriding principle when it comes to taxation:

"Whatever you tax, you get less of - whatever you subsidize, you get more of."

Now that's the truth - always. You wouldn't want a system that discourages purchases. Hell, I'd be figuring ways to beat the system by buying stuff overseas, or under the table, or making things myself. Or - just not buying it at all. So would everyone else.

I think the United States' first system of taxation was the fairest - the government should get all its money from TARIFFS.

Tax the hell out of anything except raw materials when it enters our country. The U.S. market is too big for the world to ignore - there would be lots of imports in spite of such a tax. But doing that would raise the price of foreign products and we'd all pay it - sort of like the sales tax.

Taxing only imports, though, would do away with foreign countries' advantage in our market. It would no longer matter that their workers are cheap and that they don't have environmental costs in their manufacturing. That would encourage AMERICAN manufacturing, create jobs, and keep more of the wealth at home.

And Liberty, your Hondas would be so expensive you'd buy a Chevy next time - and some AMERICANS could make a living building it for you.



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