- Thread starter
- #41
Foxfyre,
I will reiterate, every business in the supply chain for your loaf of bread will realize a 10 to 20% savings in their federal income tax, payroll tax, compliance costs, tax planning costs etc. and for that savings will pay 0.3% one side or 0.6% both side (poor negotiator). So that loaf of bread should decrease considerably in price.
It is easy to make the APT claims simple, as in:
NOW THAT’S TAX REFORM!
How do you end the IRS, completely fund the federal budget, and solve the Social Security/Medicare funding dilemma while allowing virtually all families, individuals and businesses a very generous cost/tax cut? Find a tax base which is 100 times larger than our current individual and corporate income tax base so you can have the lowest possible rates. The Federal Budget with SS and Medicare will be covered twice over by a rate of 0.3% of each side of all transactions in the economy. Then provide an automatic system for immediate collection with no forms since all exemptions and deductions are eliminated.
But, alas, as with any tax system the explanation behind the bottom line takes more than a casual understanding. As with any idea the "half full" or "half empty" attitude with which the understanding is approached makes a big difference.
And I will reiterate that if you can't explain it in simple garden variety English on a level that makes sense to people, the people aren't going to trust it or buy into it.
Your explanation might make perfect sense if you can illustrate it in an understandable way. Otherwise, though your motives appear to be more sensible and defensible, you sound like Obama, Pelosi, Reid et al telling us how wonderful it will be if we just buy into a healthcare reform that nobody understands or can explain in a way that it makes sense. The explanation comes out as another giant smokescreen intended to camouflage the true motives and give them license to screw the people even more.
And part of that smokescreen is that the savings will more than offset any new taxes, something nobody with more than half a brain even remotely believes.
Last edited: