The Pillars of Modern American Conservatism

[icanhelp1]

I think it's essential. We're $38 trillion in debt and we just keep adding debt. We need to cut spending.

When you run a deficit, there are only three things to do: raise taxes (which may help in the short term, but are a net negative long term), borrow (how we got this huge debt), or just create money out of nothing (inflation.) All of those are harmful.

The only alternative is to cut spending wherever you can. We need a major reduction in government, especially at the Federal level.

Try cutting spending with democrats. Dems went bullshit bat crazy over DOGE.

 

[SkyBubble]

I think we should have a flat tax. IMHO

Better than what we hvae. I'd lvoe to do without income taxes at all.

 

[SkyBubble]

If you ever hear a pol promise to solve budget problems by eliminating waste, ask if he intends to solve energy problems by eliminating friction.

There is plenty of waste, but that's just the tip of the iceberg. We can start there, though.

 

[Wilson23]

The only alternative is to cut spending wherever you can. We need a major reduction in government, especially at the Federal level.

That's the kind of "austerity" measures the IMF demands as a condition for loans. No country in the world has ever benefited from them.

 

[Wilson23]

Try cutting spending with democrats. Dems went bullshit bat crazy over DOGE.

It's obvious now -- even to you -- that that was the only rational reaction to DOGE.

 

[SkyBubble]

No, the IMF (which I would withdraw from) includes increasing taxes in their so-called "austerity."

And you're wrong again about no country benefitting. You embarrass yourself with every post.

 

[Wilson23]

IOW, you don't have the intellectual capacity to consider any information that contradicts your preconceived narrative.

Oh, I've read a lot of RWs' books -- that's how I know they're always wrong.

 

[SkyBubble]

I don't believe you.

 

[HisArpy]

I think we should have a flat tax. IMHO

The hugest problem with a flat tax is that there's no restraint on Congress from raising it whenever they want to. A percentage point here, one there, and the next thing you know we're all paying 35% again.

What the flat tax requires is a Constitutional amendment limiting the percentage amount and PROHIBITING any other tax regardless of name or function.

Do that and Congress suddenly gets the rug pulled out from underneath its griftbag sycophants and NGO's.

Which is why it'll never ever happen.

 

[Sean Renaud]

Just because you can't even try to refute what was said doesn't make me a troll.

You said dumb shit and got checked for it. Grow up.

I didn't get checked. I didn't bother trying to refute your nonsense because its so bad I was asking the people who actually stay here full time these days if you were even worth time.

 

[icanhelp1]

The hugest problem with a flat tax is that there's no restraint on Congress from raising it whenever they want to. A percentage point here, one there, and the next thing you know we're all paying 35% again.

What the flat tax requires is a Constitutional amendment limiting the percentage amount and PROHIBITING any other tax regardless of name or function.

Do that and Congress suddenly gets the rug pulled out from underneath its griftbag sycophants and NGO's.

Which is why it'll never ever happen.

I was suggesting a flat tax where everyone has skin in the game. We don't have a revenue problem we have drunken sailors running the country.

 

[icanhelp1]

Oh, I've read a lot of RWs' books -- that's how I know they're always wrong.

That's how we know you have a reading for comprehension problem.

 

[Wilson23]

The hugest problem with a flat tax is that

it's flat. If Warren Buffett pays the same percentage as a his secretary, there's something wrong with that system.

 

[SkyBubble]

Flat rates are fairer and better for teh economy than graduated tax rates. And it will encourage bringing assets back into the country.

 

[Wilson23]

Flat rates are fairer and better for teh economy than graduated tax rates. And it will encourage bringing assets back into the country.

Then why don't other industrialized countries use them? Is everybody out of step but Sammie?

N.B.: Looking at how other countries address a given field of public policy is always where the policymaking process should start!

 

[SkyBubble]

Then why don't other industrialized countries use them? Is everybody out of step but Sammie?

Well, yes, essentially. They use them to redistribute income, but the more income you redistribute the less income you have.

 

[Wilson23]

Well, yes, essentially. They use them to redistribute income, but the more income you redistribute the less income you have.

That doesn't hurt businesses. The more income is redistributed, the more customers they have.

 

[SkyBubble]

That doesn't hurt businesses. The more income is redistributed, the more customers they have.

Patently false. How hard are you going to work knowing a large chunk of what you produce will be taken from you and given to people who don't work as hard or at all? Go back and read the history of Plymouth Colony.

Once again, you show that you have no idea what you're talking about.

 

[HisArpy]

I was suggesting a flat tax where everyone has skin in the game. We don't have a revenue problem we have drunken sailors running the country.

Which is why a flat tax without a Constitutional amendment fixing the rate won't work. Congress will just pass a bill raising the percentage and spending will continue to be out of control.

 

[Wilson23]

Patently false. How hard are you going to work knowing a large chunk of what you produce will be taken from you and given to people who don't work as hard or at all? Go back and read the history of Plymouth Colony.

Once again, you show that you have no idea what you're talking about.

The old tax system, with a 70% top bracket, never discouraged anybody from working.

And I think you're thinking of Jamestown, not Plymouth.

 

[Sean Renaud]

I was suggesting a flat tax where everyone has skin in the game. We don't have a revenue problem we have drunken sailors running the country.

No. We have a revenue problem. To claim otherwise is insanity.

 

[Sean Renaud]

Patently false. How hard are you going to work knowing a large chunk of what you produce will be taken from you and given to people who don't work as hard or at all? Go back and read the history of Plymouth Colony.

Once again, you show that you have no idea what you're talking about.

Pretty damn actually. The reality is nobody hard works there way to that level of income. If you took 90% of every dollar I made over on million dollars in a given year I'm making over one million dollars that year. Lets take a worst case scenario. I stop working. There is NO person in the history of ever that is so valuable that them stopping at that point means nobody can pick up the slack.