So Archer wants to penalize the productive.
The more you work, the more you risk, the more jobs you create, means you can pay more in taxes!
The less you do, the more Archer wants to subsiize you.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: So Archer wants to penalize the productive.
The more you work, the more you risk, the more jobs you create, means you can pay more in taxes!
The less you do, the more Archer wants to subsiize you.
Yes, it's called a "progressive tax system", and it's been that way since we started collecting taxes...It's that way in EVERY COUNTRY that collects taxes... Get used to it. The people that make more, pay more--as they should.
Which, of course, is a lie....But we can add it to the list of cliches this morning....
And of course LJ doesn't back up this claim that gov't is a producer and not just a taker and wealth redistributor. Every job the gov't "creates" is either paid for by taxpayers or from borrowing... again, paid for by taxpayers. A private company will produce a product that makes a profit, which allows for expansion, which creates jobs, which then creates tax revenue for the gov't to take and spend. Did I miss anything?
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
FredHayek wrote: So Archer wants to penalize the productive.
The more you work, the more you risk, the more jobs you create, means you can pay more in taxes!
The less you do, the more Archer wants to subsiize you.
Yes, it's called a "progressive tax system", and it's been that way since we started collecting taxes...It's that way in EVERY COUNTRY that collects taxes... Get used to it. The people that make more, pay more--as they should.
:Megaphone: Incorrect again. Some countries use flat income taxes.
Sales taxes are flat taxes. Gas taxes are flat taxes. Colorado used to have a flat income tax.
Thomas Sowell: There are no solutions, just trade-offs.
A wave of flat-tax legislation swept across Central and Eastern Europe after the fall of communism, as more than a dozen countries across the region adopted single income-tax rates—to the delight of free marketers who have long championed flat taxes as an economic stimulant.
Now, the wave is receding. Last year, even as Republican presidential candidates Newt Gingrich and Rick Perry were stumping for flat-tax schemes in the U.S., the Czech Republic and Slovakia repealed theirs, replacing them with progressive tax schemes in which richer taxpayers pay higher rates.
This week, Bulgaria’s pro-flat tax ruling party won a narrow election victory that could force it into a coalition government with opponents of the country’s across-the-board 10 percent individual and corporate rate. The former Bulgarian finance minister who helped implement the tax in 2008 now says it was a mistake.
The lesson: Flat taxes seem to work pretty well when an economy is growing—but not so well when it is stagnant or shrinking.
Well, isn't this fun. I make a post then Fred comes along and tells you all what I meant by that post. And, surprise, Fred is batting zero, not that Fred cares mind you, nope Fred posts what Fred wants and the truth be damned.
LJ said no one uses flat taxes and she was incorrect. Talk about moving the goal posts.
The proper response would be to withdraw or correct her error, but she decides to parse words instead.
Her and Obama, peas in a pod. "You can keep your insurance"*
(If it meets my evolving standards.)
And you have to love it when LJ pulls a source that proves that she was lying. Your own source showed at least three countries that were using flat taxes when you said no one uses flat taxes.
And we haven't even looked up the states that use flat income taxes.
Thomas Sowell: There are no solutions, just trade-offs.
Here....If it makes you feel better, I'll change the word "EVERY" to "MOST"... Does that sufficiently pick your nit?
Feel better?
Maybe you can explain to us how it is that you totally misread the headlines about the "lowest rate of uninsured citizens since 2008" 180-degrees off and tried to pass it off as another knuckle-dragger talking point?
FredHayek wrote: Update per AP today. Despite ACA being three years old, this is the lowest rate of Americans having health insurance since 2008.