Why don’t we stop screwing around and just zero out the tax rate now?

Discussion in 'Economy' started by GreatDay, Sep 19, 2012.

  1. GreatDay
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    GreatDay Wasn't it?

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    Well why don’t we?
     
  2. JWBooth
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    JWBooth Gold Member

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    Fine with me. For the short term all those tax specialists are out of a job, as well as the thugs at the collection end.
    Reducing the size and of government to match the reduced revenues will be an added plus.
     
  3. GreatDay
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    GreatDay Wasn't it?

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    Thank you for your input.
     
  4. GreatDay
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    GreatDay Wasn't it?

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    I was wondering though, why "for the short term"?
     
  5. JWBooth
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    JWBooth Gold Member

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    One assumes that they will eventually find gainful employment somewhere.
     
  6. Nova78
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    Nova78 Silver Member

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    Ask Japan how that worked out.....:eusa_whistle:
     
  7. GreatDay
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    GreatDay Wasn't it?

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    Really when did Japan have a zero tax rate?
     
  8. GreatDay
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    GreatDay Wasn't it?

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    so you are for taking the rate to zero and you oppose any tax increase ever, right?
     
  9. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    not just tax specialists but whole industries!!

    1) the muni bond industry
    2) estate planning
    3) tax preparers
    4) tax lawyers
    5) GE has 1000 tax people alone
    6) IRS must have 50,000
    7) state government and local tax people 400,000
    8) life insurance industry
    9) half the accountants

    These are liberal make work jobs that are a huge drag on the economy and contribute nothing. Eliminate them and eliminate taxes that consume over half the nations income and the private economy would boom like never before!!
     
  10. GreatDay
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    GreatDay Wasn't it?

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    So you're on broad with just dropping the rate to zero and being done with it?
     

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