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Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas Send a noteboard - 16/04/2011 07:34:30 PM
Speaking of taxes, that whole system needs an overhaul too. I, like many others, support a federal sales tax. With such a system, we wouldn't see situations where companies can receive large refunds on taxes that they didn't have to pay. At the other end of the spectrum, illegal immigrants would no longer be exempt from paying taxes. It becomes a simple question for everyone. Did you buy stuff? OK, you paid your taxes. This would allow us to abolish the IRS, which would save a great deal of money. There would also need to be a corresponding import tax, and as long as it's higher than the federal sales tax, it might allow us to being cutting into our trade deficit as well.

The days that countries could create import taxes whenever they felt like it are long behind us. I mean, you could, but you'd be facing retaliatory taxes on your export, likely even WTO-sanctioned, and so your trade deficit would not necessarily grow smaller.
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Several basics facts about US Debt and Spending..... - 16/04/2011 04:41:55 AM 1508 Views
Well ... at least we've been here before ... ? - 16/04/2011 06:41:00 AM 1001 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* - 16/04/2011 03:38:00 PM 518 Views
Yeah, those old people are draining the system..... - 16/04/2011 06:57:59 PM 1034 Views
You're already worse off than much of Europe, honestly. - 16/04/2011 04:08:37 PM 1136 Views
Re: You're already worse off than much of Europe, honestly. - 17/04/2011 01:33:31 AM 1156 Views
Balancing our budget would be easy. - 16/04/2011 06:46:32 PM 971 Views
Several of those aren't as easy as you make it sound, but the import tax is a big no-no. - 16/04/2011 07:34:30 PM 1187 Views
Also on the buying drugs from Canada idea - 16/04/2011 08:17:26 PM 1082 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 01:59:44 PM 1118 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 05:16:14 PM 1321 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? - 16/04/2011 07:50:09 PM 1425 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* - 16/04/2011 08:25:26 PM 460 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. - 16/04/2011 09:19:40 PM 1094 Views
Have you ever looked at those projections for a decade or two hence? - 16/04/2011 10:13:12 PM 1057 Views
Yes I have - 16/04/2011 10:44:50 PM 1218 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. - 16/04/2011 11:02:52 PM 1133 Views
Yes it's going out of control - 16/04/2011 11:17:59 PM 1107 Views
Good, we agree on that much then. - 17/04/2011 09:59:17 AM 1043 Views
Sorry, but that is a stupid opinion..... - 16/04/2011 08:38:35 PM 1046 Views
Sounds like another bull. - 16/04/2011 09:31:05 PM 1268 Views
Dude, the data is the data.....tax revenue increased all three times. - 16/04/2011 09:47:37 PM 1281 Views
As I suspected, it's a bull. - 16/04/2011 10:02:05 PM 1165 Views
Stop being a fool - read and react to the data provided, posting something..... - 16/04/2011 10:14:11 PM 916 Views
Response is - 16/04/2011 10:19:00 PM 1133 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. - 16/04/2011 10:28:44 PM 1137 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. - 16/04/2011 10:47:24 PM 1084 Views
I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:11:19 PM 1005 Views
Re: I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:26:02 PM 1141 Views
Additional point - 16/04/2011 11:37:17 PM 1167 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? - 16/04/2011 10:13:46 PM 1012 Views
All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:16:08 PM 1027 Views
Re: All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:27:01 PM 1141 Views
Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:35:44 PM 955 Views
Re: Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:49:33 PM 1095 Views
Krugman is a shill for the Obama administration. - 17/04/2011 02:34:50 AM 959 Views
Re: Krugman is a shill for the Obama administration. - 17/04/2011 03:50:24 AM 1177 Views
Some obesrvations by Republican economists - 18/04/2011 12:27:04 AM 1318 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 04:00:52 PM 970 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 05:36:44 PM 943 Views
Useless fact about our presidents since 1945. - 17/04/2011 09:20:16 PM 1298 Views
Re: Several basics facts about US Debt and Spending..... - 20/04/2011 03:51:19 PM 1395 Views

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