Home › Forums › Financial Markets/Economics › TAX TAX TAX and more TAX
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April 22, 2010 at 2:29 PM #543286April 22, 2010 at 2:34 PM #542319sdduuuudeParticipant
[quote=gandalf]You’re technically correct, sdduuuuuuuude…
Determination of progressive/regressive isn’t constrained to levying of taxes, and includes how such dollars are spent.
[/quote]The thread is about taxes. The term “progressive tax” is constrained to the levying of taxes.
[quote=gandalf]
Overall, I would like to see less ‘policy’ implemented through tax law — percentages, deductions, incentives, etc. The original policy objectives are often subverted, unintended consequences.
[/quote]
With you 100% there.[quote=gandalf]
As for NO tax….How would you pay for government then? Are there things the government does that are worthwhile?
National defense?
Roads and highways?
Clean water?
Public school system?
Police and fire?[/quote]You are assuming all those require the government. They don’t. I’ll give you Defense and Police. The others should be funded by those who use them the most.
Just because SOME taxes are needed doesn’t mean that the expression “There’s no tax like no tax” isn’t valid π
April 22, 2010 at 2:34 PM #542434sdduuuudeParticipant[quote=gandalf]You’re technically correct, sdduuuuuuuude…
Determination of progressive/regressive isn’t constrained to levying of taxes, and includes how such dollars are spent.
[/quote]The thread is about taxes. The term “progressive tax” is constrained to the levying of taxes.
[quote=gandalf]
Overall, I would like to see less ‘policy’ implemented through tax law — percentages, deductions, incentives, etc. The original policy objectives are often subverted, unintended consequences.
[/quote]
With you 100% there.[quote=gandalf]
As for NO tax….How would you pay for government then? Are there things the government does that are worthwhile?
National defense?
Roads and highways?
Clean water?
Public school system?
Police and fire?[/quote]You are assuming all those require the government. They don’t. I’ll give you Defense and Police. The others should be funded by those who use them the most.
Just because SOME taxes are needed doesn’t mean that the expression “There’s no tax like no tax” isn’t valid π
April 22, 2010 at 2:34 PM #542911sdduuuudeParticipant[quote=gandalf]You’re technically correct, sdduuuuuuuude…
Determination of progressive/regressive isn’t constrained to levying of taxes, and includes how such dollars are spent.
[/quote]The thread is about taxes. The term “progressive tax” is constrained to the levying of taxes.
[quote=gandalf]
Overall, I would like to see less ‘policy’ implemented through tax law — percentages, deductions, incentives, etc. The original policy objectives are often subverted, unintended consequences.
[/quote]
With you 100% there.[quote=gandalf]
As for NO tax….How would you pay for government then? Are there things the government does that are worthwhile?
National defense?
Roads and highways?
Clean water?
Public school system?
Police and fire?[/quote]You are assuming all those require the government. They don’t. I’ll give you Defense and Police. The others should be funded by those who use them the most.
Just because SOME taxes are needed doesn’t mean that the expression “There’s no tax like no tax” isn’t valid π
April 22, 2010 at 2:34 PM #543005sdduuuudeParticipant[quote=gandalf]You’re technically correct, sdduuuuuuuude…
Determination of progressive/regressive isn’t constrained to levying of taxes, and includes how such dollars are spent.
[/quote]The thread is about taxes. The term “progressive tax” is constrained to the levying of taxes.
[quote=gandalf]
Overall, I would like to see less ‘policy’ implemented through tax law — percentages, deductions, incentives, etc. The original policy objectives are often subverted, unintended consequences.
[/quote]
With you 100% there.[quote=gandalf]
As for NO tax….How would you pay for government then? Are there things the government does that are worthwhile?
National defense?
Roads and highways?
Clean water?
Public school system?
Police and fire?[/quote]You are assuming all those require the government. They don’t. I’ll give you Defense and Police. The others should be funded by those who use them the most.
Just because SOME taxes are needed doesn’t mean that the expression “There’s no tax like no tax” isn’t valid π
April 22, 2010 at 2:34 PM #543281sdduuuudeParticipant[quote=gandalf]You’re technically correct, sdduuuuuuuude…
Determination of progressive/regressive isn’t constrained to levying of taxes, and includes how such dollars are spent.
[/quote]The thread is about taxes. The term “progressive tax” is constrained to the levying of taxes.
[quote=gandalf]
Overall, I would like to see less ‘policy’ implemented through tax law — percentages, deductions, incentives, etc. The original policy objectives are often subverted, unintended consequences.
[/quote]
With you 100% there.[quote=gandalf]
As for NO tax….How would you pay for government then? Are there things the government does that are worthwhile?
National defense?
Roads and highways?
Clean water?
Public school system?
Police and fire?[/quote]You are assuming all those require the government. They don’t. I’ll give you Defense and Police. The others should be funded by those who use them the most.
Just because SOME taxes are needed doesn’t mean that the expression “There’s no tax like no tax” isn’t valid π
April 22, 2010 at 2:52 PM #542344sdduuuudeParticipant[quote=afx114]Nate Silver … [/quote]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.[img_assist|nid=13190|title=Govt Spending vs GDP|desc=|link=node|align=left|width=390|height=250]
FROM:
http://en.wikipedia.org/wiki/File:Us_gov_spending_history_1902_2010.pngApril 22, 2010 at 2:52 PM #542459sdduuuudeParticipant[quote=afx114]Nate Silver … [/quote]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.[img_assist|nid=13190|title=Govt Spending vs GDP|desc=|link=node|align=left|width=390|height=250]
FROM:
http://en.wikipedia.org/wiki/File:Us_gov_spending_history_1902_2010.pngApril 22, 2010 at 2:52 PM #542936sdduuuudeParticipant[quote=afx114]Nate Silver … [/quote]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.[img_assist|nid=13190|title=Govt Spending vs GDP|desc=|link=node|align=left|width=390|height=250]
FROM:
http://en.wikipedia.org/wiki/File:Us_gov_spending_history_1902_2010.pngApril 22, 2010 at 2:52 PM #543030sdduuuudeParticipant[quote=afx114]Nate Silver … [/quote]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.[img_assist|nid=13190|title=Govt Spending vs GDP|desc=|link=node|align=left|width=390|height=250]
FROM:
http://en.wikipedia.org/wiki/File:Us_gov_spending_history_1902_2010.pngApril 22, 2010 at 2:52 PM #543306sdduuuudeParticipant[quote=afx114]Nate Silver … [/quote]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.[img_assist|nid=13190|title=Govt Spending vs GDP|desc=|link=node|align=left|width=390|height=250]
FROM:
http://en.wikipedia.org/wiki/File:Us_gov_spending_history_1902_2010.pngApril 22, 2010 at 2:53 PM #542349briansd1Guest[quote=sdduuuude]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.
[/quote]Borrowing.
April 22, 2010 at 2:53 PM #542464briansd1Guest[quote=sdduuuude]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.
[/quote]Borrowing.
April 22, 2010 at 2:53 PM #542941briansd1Guest[quote=sdduuuude]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.
[/quote]Borrowing.
April 22, 2010 at 2:53 PM #543035briansd1Guest[quote=sdduuuude]
Something not right about those numbers.
How can taxes stay level while spending as a pct of
GDP soars ? The gov must have some revenue stream other than taxes.
[/quote]Borrowing.
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