[Hobie]

[quote=SK in CV][quote=Hobie]

Just to remove the record keeping alone I would pay more ! Shuush don’t tell Obama this. ;)[/quote]

Chances are about 95% that you’re paying lower taxes now than you did under the previous administration.[/quote]

You’re right, I’m making less money 🙁

Lower taxes? Can you expand on this please.

[Hobie]

[quote=SK in CV][quote=Hobie]

Just to remove the record keeping alone I would pay more ! Shuush don’t tell Obama this. ;)[/quote]

Chances are about 95% that you’re paying lower taxes now than you did under the previous administration.[/quote]

You’re right, I’m making less money 🙁

Lower taxes? Can you expand on this please.

[Hobie]

Funny you should bring up the VAT. In the back of my mind I’ve been worried that this concept will grow some legs. True enough about being regressive but I think it would come with a boatload of exemptions to help the lower incomes. And that plays into my previous concerns about a complicated tax structure.

By the way, I think there would be a lot less resistance to a flat tax above $50k than on all income levels.

Just to remove the record keeping alone I would pay more ! Shuush don’t tell Obama this. 😉

[Hobie]

Funny you should bring up the VAT. In the back of my mind I’ve been worried that this concept will grow some legs. True enough about being regressive but I think it would come with a boatload of exemptions to help the lower incomes. And that plays into my previous concerns about a complicated tax structure.

By the way, I think there would be a lot less resistance to a flat tax above $50k than on all income levels.

Just to remove the record keeping alone I would pay more ! Shuush don’t tell Obama this. 😉

[Hobie]

Funny you should bring up the VAT. In the back of my mind I’ve been worried that this concept will grow some legs. True enough about being regressive but I think it would come with a boatload of exemptions to help the lower incomes. And that plays into my previous concerns about a complicated tax structure.

By the way, I think there would be a lot less resistance to a flat tax above $50k than on all income levels.

Just to remove the record keeping alone I would pay more ! Shuush don’t tell Obama this. 😉

[Hobie]

Funny you should bring up the VAT. In the back of my mind I’ve been worried that this concept will grow some legs. True enough about being regressive but I think it would come with a boatload of exemptions to help the lower incomes. And that plays into my previous concerns about a complicated tax structure.

By the way, I think there would be a lot less resistance to a flat tax above $50k than on all income levels.

Just to remove the record keeping alone I would pay more ! Shuush don’t tell Obama this. 😉

[Hobie]

Funny you should bring up the VAT. In the back of my mind I’ve been worried that this concept will grow some legs. True enough about being regressive but I think it would come with a boatload of exemptions to help the lower incomes. And that plays into my previous concerns about a complicated tax structure.

By the way, I think there would be a lot less resistance to a flat tax above $50k than on all income levels.

Just to remove the record keeping alone I would pay more ! Shuush don’t tell Obama this. 😉

[Hobie]

[quote=EconProf]The government is in a quandry: they need construction to build more residential and commercial buildings in order for the economy to revive. Yet the solution to the real estate glut of all categories is to NOT build for several years, allowing demand to sop up the accumulated surplus.
We are in the morning after/hangover stage, which must last a while longer.[/quote]

Agreed. A certain portion of our economy is tied to the building industry but we could achieve growth with a thriving manufacturing base. This would require a more practical look at environmental and energy policies.

[Hobie]

[quote=EconProf]The government is in a quandry: they need construction to build more residential and commercial buildings in order for the economy to revive. Yet the solution to the real estate glut of all categories is to NOT build for several years, allowing demand to sop up the accumulated surplus.
We are in the morning after/hangover stage, which must last a while longer.[/quote]

Agreed. A certain portion of our economy is tied to the building industry but we could achieve growth with a thriving manufacturing base. This would require a more practical look at environmental and energy policies.

[Hobie]

[quote=EconProf]The government is in a quandry: they need construction to build more residential and commercial buildings in order for the economy to revive. Yet the solution to the real estate glut of all categories is to NOT build for several years, allowing demand to sop up the accumulated surplus.
We are in the morning after/hangover stage, which must last a while longer.[/quote]

Agreed. A certain portion of our economy is tied to the building industry but we could achieve growth with a thriving manufacturing base. This would require a more practical look at environmental and energy policies.

[Hobie]

[quote=EconProf]The government is in a quandry: they need construction to build more residential and commercial buildings in order for the economy to revive. Yet the solution to the real estate glut of all categories is to NOT build for several years, allowing demand to sop up the accumulated surplus.
We are in the morning after/hangover stage, which must last a while longer.[/quote]

Agreed. A certain portion of our economy is tied to the building industry but we could achieve growth with a thriving manufacturing base. This would require a more practical look at environmental and energy policies.

[Hobie]

[quote=EconProf]The government is in a quandry: they need construction to build more residential and commercial buildings in order for the economy to revive. Yet the solution to the real estate glut of all categories is to NOT build for several years, allowing demand to sop up the accumulated surplus.
We are in the morning after/hangover stage, which must last a while longer.[/quote]

Agreed. A certain portion of our economy is tied to the building industry but we could achieve growth with a thriving manufacturing base. This would require a more practical look at environmental and energy policies.

[Hobie]

Then Brian you should be in favor of the ‘Fair Tax’ or other similar flat tax and the government should spend within its means.

This system would require a fraction of the government employees. Just think how much money would become available to ‘help’ others.

[Hobie]

Then Brian you should be in favor of the ‘Fair Tax’ or other similar flat tax and the government should spend within its means.

This system would require a fraction of the government employees. Just think how much money would become available to ‘help’ others.

[Hobie]

Then Brian you should be in favor of the ‘Fair Tax’ or other similar flat tax and the government should spend within its means.

This system would require a fraction of the government employees. Just think how much money would become available to ‘help’ others.

[Author]

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