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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 1124 Views
Well ... at least we've been here before ... ? - 16/04/2011 06:41:00 AM 645 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 330 Views
Yeah, those old people are draining the system..... - 16/04/2011 06:57:59 PM 625 Views
You're already worse off than much of Europe, honestly. - 16/04/2011 04:08:37 PM 761 Views
Re: You're already worse off than much of Europe, honestly. - 17/04/2011 01:33:31 AM 737 Views
Balancing our budget would be easy. - 16/04/2011 06:46:32 PM 579 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 801 Views
Also on the buying drugs from Canada idea - 16/04/2011 08:17:26 PM 690 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 01:59:44 PM 730 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 05:16:14 PM 900 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? - 16/04/2011 07:50:09 PM 1068 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* - 16/04/2011 08:25:26 PM 288 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. - 16/04/2011 09:19:40 PM 732 Views
Have you ever looked at those projections for a decade or two hence? - 16/04/2011 10:13:12 PM 674 Views
Yes I have - 16/04/2011 10:44:50 PM 802 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 734 Views
Yes it's going out of control - 16/04/2011 11:17:59 PM 673 Views
Good, we agree on that much then. - 17/04/2011 09:59:17 AM 665 Views
Sorry, but that is a stupid opinion..... - 16/04/2011 08:38:35 PM 641 Views
Sounds like another bull. - 16/04/2011 09:31:05 PM 911 Views
Dude, the data is the data.....tax revenue increased all three times. - 16/04/2011 09:47:37 PM 849 Views
As I suspected, it's a bull. - 16/04/2011 10:02:05 PM 782 Views
Stop being a fool - read and react to the data provided, posting something..... - 16/04/2011 10:14:11 PM 543 Views
Response is - 16/04/2011 10:19:00 PM 764 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 760 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 719 Views
I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:11:19 PM 618 Views
Re: I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:26:02 PM 768 Views
Additional point - 16/04/2011 11:37:17 PM 772 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 641 Views
All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:16:08 PM 650 Views
Re: All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:27:01 PM 766 Views
Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:35:44 PM 579 Views
Re: Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:49:33 PM 709 Views
Krugman is a shill for the Obama administration. - 17/04/2011 02:34:50 AM 591 Views
Re: Krugman is a shill for the Obama administration. - 17/04/2011 03:50:24 AM 815 Views
Some obesrvations by Republican economists - 18/04/2011 12:27:04 AM 950 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 04:00:52 PM 582 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 05:36:44 PM 571 Views
Useless fact about our presidents since 1945. - 17/04/2011 09:20:16 PM 816 Views
Re: Several basics facts about US Debt and Spending..... - 20/04/2011 03:51:19 PM 1000 Views

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