JohnDB
Diamond Member
- Jun 16, 2021
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Government spending needs to be cut, but neither side will cave on what they believe should be funded. I know that raising taxes isn’t the answer, it just further emboldens politicians to spend more and more.
If you ever did the math on how much you actually pay in taxes, it would amaze you. It isn’t just about federal/state income tax, property taxes or sales tax. Everything you purchase is higher because of the taxes paid by the company/person you are buying from. They must raise their prices to accommodate for higher taxes.
The funny part about raising taxes is that Democrats don’t want everyone to pay more taxes, just some. We need a flat federal tax rate, with no deductions. States can decide to continue raising their taxes as they please and people can move if they don’t like the tax code.
It baffles me that anyone would live in a high tax blue state that creates a lower standard of living. NY has double the government budget as FL with less population. One would think even leftist New Yorkers would question that instead of continually calling for more and more taxes.
Well,
There is an argument for import taxes (tarrifs) is actually better than income taxes because all those billionaires who just borrow money for their lifestyles and have no true income makes sense.
This way everything they purchase or lease is taxed in some fashion.
And the poor are taxed at the same rate as the wealthy person....by the goods and services they actually use.
If it's just basic necessities....they don't pay much. If it's luxury goods...they pay a LOT.
Seems fair enough. Not exactly a sales tax....but an all encompassing import tax would be awesome. From food to paper bags....everything imported is taxed and no more individual income tax.