Seems that most here would agree with Steve Forbes's prescriptions?
Vinny
Post-COVID-19 Economy: Less From Washington May Be More
https://www.forbes.com/sites/steveforbe ... d921551922
We must take these experiences to heart. Large, across-the-board tax cuts should be enacted and our progressive tax system replaced by a flat tax. The dollar’s value should be stabilized, preferably by rediscovering Alexander Hamilton’s wisdom and fixing our currency to gold. The commerce-crunching provisions of all COVID-19 rescue bills should be allowed to expire or be removed. Deregulation efforts should be renewed.
It’s simple. As Nathan Lewis demonstrates in The Magic Formula, economies that have low tax rates and stable currencies prosper more than those that don’t. Always.
Post-COVID-19 Economy: Less From Washington May Be More
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- vnatale
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Post-COVID-19 Economy: Less From Washington May Be More
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
- Kriegsspiel
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Re: Post-COVID-19 Economy: Less From Washington May Be More
He doesn't say the other part: if the federal government cuts taxes, it should cut a lot of spending, too.
Personally, I think the helicopter money and souped-up unemployment were bad calls that originated from a flawed premise (that we needed to shutter our country for 6+ months). Good on Rand Paul for sticking to his principles.
Personally, I think the helicopter money and souped-up unemployment were bad calls that originated from a flawed premise (that we needed to shutter our country for 6+ months). Good on Rand Paul for sticking to his principles.
You there, Ephialtes. May you live forever.
Re: Post-COVID-19 Economy: Less From Washington May Be More
Forbes has been on the Flat Tax Bandwagon for Years..vnatale wrote: ↑Sat Sep 19, 2020 9:19 pm Seems that most here would agree with Steve Forbes's prescriptions?
Vinny
Post-COVID-19 Economy: Less From Washington May Be More
https://www.forbes.com/sites/steveforbe ... d921551922
We must take these experiences to heart. Large, across-the-board tax cuts should be enacted and our progressive tax system replaced by a flat tax. The dollar’s value should be stabilized, preferably by rediscovering Alexander Hamilton’s wisdom and fixing our currency to gold. The commerce-crunching provisions of all COVID-19 rescue bills should be allowed to expire or be removed. Deregulation efforts should be renewed.
It’s simple. As Nathan Lewis demonstrates in The Magic Formula, economies that have low tax rates and stable currencies prosper more than those that don’t. Always.
Just at what percent of flat tax are they going to pull out of their a$$?
Start at a LOW rate,because you can always Raise the Tax rate Later.
Just like the Income Tax when it started, start at low rates then increase as more Thievery and Graft is needed.
¯\_(ツ)_/¯
- vnatale
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Re: Post-COVID-19 Economy: Less From Washington May Be More
Unfortunately what you say seems to be the way of BOTH human nature and politicians.shekels wrote: ↑Sun Sep 20, 2020 9:28 amForbes has been on the Flat Tax Bandwagon for Years..vnatale wrote: ↑Sat Sep 19, 2020 9:19 pm Seems that most here would agree with Steve Forbes's prescriptions?
Vinny
Post-COVID-19 Economy: Less From Washington May Be More
https://www.forbes.com/sites/steveforbe ... d921551922
We must take these experiences to heart. Large, across-the-board tax cuts should be enacted and our progressive tax system replaced by a flat tax. The dollar’s value should be stabilized, preferably by rediscovering Alexander Hamilton’s wisdom and fixing our currency to gold. The commerce-crunching provisions of all COVID-19 rescue bills should be allowed to expire or be removed. Deregulation efforts should be renewed.
It’s simple. As Nathan Lewis demonstrates in The Magic Formula, economies that have low tax rates and stable currencies prosper more than those that don’t. Always.
Just at what percent of flat tax are they going to pull out of their a$$?
Start at a LOW rate,because you can always Raise the Tax rate Later.
Just like the Income Tax when it started, start at low rates then increase as more Thievery and Graft is needed.
Hard to believe that outside of during the Civil War and prior to 1913 the country existed without any income tax, a total period of about 150 years.
Vinny
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Post-COVID-19 Economy: Less From Washington May Be More
Yep.vnatale wrote: ↑Sun Sep 20, 2020 9:36 amUnfortunately what you say seems to be the way of BOTH human nature and politicians.shekels wrote: ↑Sun Sep 20, 2020 9:28 amForbes has been on the Flat Tax Bandwagon for Years..vnatale wrote: ↑Sat Sep 19, 2020 9:19 pm Seems that most here would agree with Steve Forbes's prescriptions?
Vinny
Post-COVID-19 Economy: Less From Washington May Be More
https://www.forbes.com/sites/steveforbe ... d921551922
We must take these experiences to heart. Large, across-the-board tax cuts should be enacted and our progressive tax system replaced by a flat tax. The dollar’s value should be stabilized, preferably by rediscovering Alexander Hamilton’s wisdom and fixing our currency to gold. The commerce-crunching provisions of all COVID-19 rescue bills should be allowed to expire or be removed. Deregulation efforts should be renewed.
It’s simple. As Nathan Lewis demonstrates in The Magic Formula, economies that have low tax rates and stable currencies prosper more than those that don’t. Always.
Just at what percent of flat tax are they going to pull out of their a$$?
Start at a LOW rate,because you can always Raise the Tax rate Later.
Just like the Income Tax when it started, start at low rates then increase as more Thievery and Graft is needed.
Hard to believe that outside of during the Civil War and prior to 1913 the country existed without any income tax, a total period of about 150 years.
Vinny
1913 Income tax
1913 Federal Reserve
Obviously more Thievery and Graft was needed.
¯\_(ツ)_/¯
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Re: Post-COVID-19 Economy: Less From Washington May Be More
First, limit campaign contributions. Then wealth inequality wont matter as much.