 |
oldtime
Registered: Jun 2011
Posts: 7389 |
08-19-12 11:53 PM
There's no end to the crazy tax ideas I come up with. What do you think about this one? It requires a computer. Everybody has a tax rate, the rich have a high rate and the poor have a low rate, but the only tax is paid as a consumption tax at the retail level. You'd have to swipe your tax card for every purchase. There would be a great incentive for the black market but I'm not too worried about that.
Not really advocating this, just interested in where I have gone wrong.
|
| |
|
Edit/Delete • Quote • Complain |
morganist
Moderator
Registered: Sep 2008
Posts: 3404 |
08-19-12 11:59 PM
Quote from oldtime:
There's no end to the crazy tax ideas I come up with. What do you think about this one? It requires a computer. Everybody has a tax rate, the rich have a high rate and the poor have a low rate, but the only tax is paid as a consumption tax at the retail level. You'd have to swipe your tax card for every purchase. There would be a great incentive for the black market but I'm not too worried about that.
Not really advocating this, just interested in where I have gone wrong.
You're right about the black market, which is by the way the fastest growing economy in the world 'System D'. Also it could act as a disincentive to consume. Is that what you want?
Here are my ideas on tax, if you are interested?
http://morganisteconomics.blogspot....ion-system.html
|
| |
|
Edit/Delete • Quote • Complain |
oldtime
Registered: Jun 2011
Posts: 7389 |
08-20-12 12:12 AM
Quote from morganist:
You're right about the black market, which is by the way the fastest growing economy in the world 'System D'. Also it could act as a disincentive to consume. Is that what you want?
Here are my ideas on tax, if you are interested?
http://morganisteconomics.blogspot....ion-system.html
you know I like you Morgan and share your your concern for the poor, but no, I can't go along with you on that one. What bothers me is this obsession with taxes and concern for the poor only seems to surface when GDP is slow. It makes me think we are blaming slow growth on somebody rather than encouraging the growth which solves the tax problem and the poverty problem.
Not to mention the fact that I think the government should be pro growth, but I am personally anti growth, so it makes for an interesting mind if you like things befuddled.
|
| |
|
Edit/Delete • Quote • Complain |
morganist
Moderator
Registered: Sep 2008
Posts: 3404 |
08-20-12 12:17 AM
Quote from oldtime:
you know I like you Morgan and share your your concern for the poor, but no, I can't go along with you on that one. What bothers me is this obsession with taxes and concern for the poor only seems to surface when GDP is slow. It makes me think we are blaming slow growth on somebody rather than encouraging the growth which solves the tax problem and the poverty problem.
Not to mention the fact that I think the government should be pro growth, but I am personally anti growth, so it makes for an interesting mind if you like things befuddled.
Which point do you not like. My tax susggestion?
|
| |
|
Edit/Delete • Quote • Complain |
GTS
Registered: Jun 2006
Posts: 2188 |
08-20-12 12:43 AM
Quote from oldtime:
There's no end to the crazy tax ideas I come up with. What do you think about this one? It requires a computer. Everybody has a tax rate, the rich have a high rate and the poor have a low rate, but the only tax is paid as a consumption tax at the retail level. You'd have to swipe your tax card for every purchase. There would be a great incentive for the black market but I'm not too worried about that.
Not really advocating this, just interested in where I have gone wrong.
Forgot the tax card, too easy to cheat - here's what is required: retina scan at the point of sale, gov't has everyone in the database so the correct tax rate is applied.
You can opt out if you want (being in the database or providing the retina scan to purchase something) - in which case you pay the maximum sales tax rate.
No, I'm not serious.
|
| |
|
Edit/Delete • Quote • Complain |
| Receive
an email whenever a new post is added to this thread by subscribing
to it. |
|
|
|
|
