Proposed tax reforms could cripple industry
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Re: Proposed tax reforms could cripple industry
Guys, this whole debate of "fair" tax, or "flat" tax is mental masurrbation. Feels good, till you figured your screwed yourself.
The problem is excess spending, plain and simple, all these circle jerk ideas of how to make it better, but do not attack that single issue, are waste of electronic ink.
Our current system is as "fair" as any that exist, the prblem is not the tax SYSTEM, it is the tax RATE.
Cut all tax rates in half and no one cares about how it is calculated....
The problem is excess spending, plain and simple, all these circle jerk ideas of how to make it better, but do not attack that single issue, are waste of electronic ink.
Our current system is as "fair" as any that exist, the prblem is not the tax SYSTEM, it is the tax RATE.
Cut all tax rates in half and no one cares about how it is calculated....
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Re: Proposed tax reforms could cripple industry
Originally Posted by dean51267
Guys, this whole debate of "fair" tax, or "flat" tax is mental masurrbation. Feels good, till you figured your screwed yourself.
The problem is excess spending, plain and simple, all these circle jerk ideas of how to make it better, but do not attack that single issue, are waste of electronic ink.
Our current system is as "fair" as any that exist, the prblem is not the tax SYSTEM, it is the tax RATE.
Cut all tax rates in half and no one cares about how it is calculated....
The problem is excess spending, plain and simple, all these circle jerk ideas of how to make it better, but do not attack that single issue, are waste of electronic ink.
Our current system is as "fair" as any that exist, the prblem is not the tax SYSTEM, it is the tax RATE.
Cut all tax rates in half and no one cares about how it is calculated....
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Re: Proposed tax reforms could cripple industry
Originally Posted by Zudnic
The government is not going to cut rates anytime soon. The fact they are cutting write offs means they need more of our money not less. The excess spending leads to debt, however, the effects of this debt; will be felt by all of us in the form of inflation, higher interest rates, and a weakened U.S economy. It's 1977 again and this time I'm old enough to have capital and take advantage of Gold!!!!
The gooberment needs NOTHING, the PEOPLE it governs need things, and I would say the FIRST thing they need is more money in their pockets in exchange for less goobernment spending on needless crap society would not fund if left alone....
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Re: Proposed tax reforms could cripple industry
Originally Posted by dean51267
The gooberment needs NOTHING, the PEOPLE it governs need things, and I would say the FIRST thing they need is more money in their pockets in exchange for less goobernment spending on needless crap society would not fund if left alone....
7% by summer I'm betting and that means boats to finance are going to become more expensive. Housing market as well will take a hit.
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Re: Proposed tax reforms could cripple industry
Originally Posted by Zudnic
If the gooberment needs nothing, why are they spending like crazy? The government is growing simply as a vessel for the redistribution of wealth, under Greenspan debt became wealth! Inflation is on the rise and to fight it the money supply must be tightned and interest rates raised.
7% by summer I'm betting and that means boats to finance are going to become more expensive. Housing market as well will take a hit.
7% by summer I'm betting and that means boats to finance are going to become more expensive. Housing market as well will take a hit.
They spend because we, the people, do not understand government CAN NOT give anything to anyone, it must take from one and give to another.
I am not sure I follow that "debt became wealth".
Inflation is on the rise because the economy is booming, the feds have said recession is preferable to inflation, not sure I agree, but I understand the program.
If interest rates continue to climb it will be because the economy continues to grow creating wealth leaving more and more money to purchase boats and luxury homes. Remember, interest rate increases come AFTER a run up in the purchases of boats and homes, it does not preceed it.
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Re: Proposed tax reforms could cripple industry
Originally Posted by dean51267
They spend because we, the people, do not understand government CAN NOT give anything to anyone, it must take from one and give to another.
I am not sure I follow that "debt became wealth".
I am not sure I follow that "debt became wealth".
Originally Posted by dean51267
Inflation is on the rise because the economy is booming, the feds have said recession is preferable to inflation, not sure I agree, but I understand the program.
Originally Posted by dean51267
If interest rates continue to climb it will be because the economy continues to grow creating wealth leaving more and more money to purchase boats and luxury homes. Remember, interest rate increases come AFTER a run up in the purchases of boats and homes, it does not preceed it
Inflation is not caused by pressure for wage increases, it is not caused by rising oil prices, it is not caused by consumer demand, it is not caused by attempts by suppliers to raise their prices; it is always and everywhere related to governments printing money. When they print more than demand the value decreases.