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Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas Send a noteboard - 16/04/2011 07:34:30 PM
Speaking of taxes, that whole system needs an overhaul too. I, like many others, support a federal sales tax. With such a system, we wouldn't see situations where companies can receive large refunds on taxes that they didn't have to pay. At the other end of the spectrum, illegal immigrants would no longer be exempt from paying taxes. It becomes a simple question for everyone. Did you buy stuff? OK, you paid your taxes. This would allow us to abolish the IRS, which would save a great deal of money. There would also need to be a corresponding import tax, and as long as it's higher than the federal sales tax, it might allow us to being cutting into our trade deficit as well.

The days that countries could create import taxes whenever they felt like it are long behind us. I mean, you could, but you'd be facing retaliatory taxes on your export, likely even WTO-sanctioned, and so your trade deficit would not necessarily grow smaller.
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Several basics facts about US Debt and Spending..... - 16/04/2011 04:41:55 AM 1143 Views
Well ... at least we've been here before ... ? - 16/04/2011 06:41:00 AM 664 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* - 16/04/2011 03:38:00 PM 339 Views
Yeah, those old people are draining the system..... - 16/04/2011 06:57:59 PM 647 Views
You're already worse off than much of Europe, honestly. - 16/04/2011 04:08:37 PM 781 Views
Re: You're already worse off than much of Europe, honestly. - 17/04/2011 01:33:31 AM 764 Views
Balancing our budget would be easy. - 16/04/2011 06:46:32 PM 597 Views
Several of those aren't as easy as you make it sound, but the import tax is a big no-no. - 16/04/2011 07:34:30 PM 830 Views
Also on the buying drugs from Canada idea - 16/04/2011 08:17:26 PM 714 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 01:59:44 PM 754 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 05:16:14 PM 921 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? - 16/04/2011 07:50:09 PM 1087 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* - 16/04/2011 08:25:26 PM 297 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. - 16/04/2011 09:19:40 PM 757 Views
Have you ever looked at those projections for a decade or two hence? - 16/04/2011 10:13:12 PM 696 Views
Yes I have - 16/04/2011 10:44:50 PM 828 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. - 16/04/2011 11:02:52 PM 755 Views
Yes it's going out of control - 16/04/2011 11:17:59 PM 698 Views
Good, we agree on that much then. - 17/04/2011 09:59:17 AM 683 Views
Sorry, but that is a stupid opinion..... - 16/04/2011 08:38:35 PM 663 Views
Sounds like another bull. - 16/04/2011 09:31:05 PM 931 Views
Dude, the data is the data.....tax revenue increased all three times. - 16/04/2011 09:47:37 PM 874 Views
As I suspected, it's a bull. - 16/04/2011 10:02:05 PM 801 Views
Stop being a fool - read and react to the data provided, posting something..... - 16/04/2011 10:14:11 PM 569 Views
Response is - 16/04/2011 10:19:00 PM 786 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. - 16/04/2011 10:28:44 PM 784 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. - 16/04/2011 10:47:24 PM 745 Views
I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:11:19 PM 639 Views
Re: I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:26:02 PM 794 Views
Additional point - 16/04/2011 11:37:17 PM 799 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? - 16/04/2011 10:13:46 PM 661 Views
All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:16:08 PM 672 Views
Re: All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:27:01 PM 789 Views
Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:35:44 PM 603 Views
Re: Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:49:33 PM 735 Views
Krugman is a shill for the Obama administration. - 17/04/2011 02:34:50 AM 614 Views
Re: Krugman is a shill for the Obama administration. - 17/04/2011 03:50:24 AM 838 Views
Some obesrvations by Republican economists - 18/04/2011 12:27:04 AM 975 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 04:00:52 PM 609 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 05:36:44 PM 594 Views
Useless fact about our presidents since 1945. - 17/04/2011 09:20:16 PM 856 Views
Re: Several basics facts about US Debt and Spending..... - 20/04/2011 03:51:19 PM 1027 Views

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