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2010-09-28 -Short Attention Span Theater-

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Posted by Besoeker 2010-09-28 09:25|| || Front Page|| [11128 views ] Top

#1 To add insult to injury, according to the OECD, the U.S. "has the most progressive tax system and collects the largest share of taxes from the richest 10% of the population."

http://www.taxfoundation.org/blog/show/23856.html

Posted by eltoroverde 2010-09-28 11:23|| 2010-09-28 11:23|| Front Page Top

#2 I believe it's the unemployed.

Taxes on income reduce the money left to hire other people to do tasks (comparative advantage), and thus cause unemployment.

MORE IMPORTANTLY I believe the relative productivity (pay) ratio between two people is maintained POST TAX! This means lowering the pay of the productive lowers the pay of the less productive!

Posted by Bright Pebbles 2010-09-28 12:29|| 2010-09-28 12:29|| Front Page Top

#3 I'm all for a flat tax. Everyone pays a percentage. That way the "poor" feel the bite of Obamacare just like the "rich". More than likely they won't vote for progressive bullshit if they have to pay for it too.

Posted by DarthVader 2010-09-28 12:45|| 2010-09-28 12:45|| Front Page Top

#4 Amen to what Darth Vader said. Darth Vader for President.

Posted by Private Eye 2010-09-28 15:32|| 2010-09-28 15:32|| Front Page Top

#5 AGREE DV...I'd set the rate at 10% - good enough for the church, good enough for the IRS.

Posted by Broadhead6 2010-09-28 16:40|| 2010-09-28 16:40|| Front Page Top

#6 Meh. Regulatory costs are actually quite a bit more damaging than taxation at this point. The latest figures I heard indicated that imposed federal regulatory costs are around 35% of GDP. At least they're not spending that much. Yet.

Posted by AzCat 2010-09-28 19:00|| 2010-09-28 19:00|| Front Page Top

22:46 Mr. Bill
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