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May 21, 2024
9:51
:53
am
ovalY
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Problem is, they taxed me while I saved it up. Now tax me as I spend it?
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ovalY
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ovalY
Joined
Feb 24, 2014
Last login
Jun 3, 2024
Total posts
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Messages
Author
Time
HCBW’s foreign classmate is incredulous to learn how opaque and complex the tax
zuko
May 21, 9:23am
I don't think opaque is quite the right word to capture the asisinity
AggieWeekendCougar
May 21, 9:28am
I wonder what total $$ benefit would be to the economy if we went to a flat tax?
cougarmeister
May 21, 9:36am
I have been coming more around to a consumption tax, which I now view as a flat
AggieWeekendCougar
May 21, 9:42am
I wouldn’t trust government implementing a consumption tax because I guaranty
kotacoug
May 21, 9:46am
Yeah, it would need to be a constitutional amendment with iron-clad protection
AggieWeekendCougar
May 21, 9:47am
Problem is, they taxed me while I saved it up. Now tax me as I spend it?
ovalY
May 21, 9:51am
I guess I hadn't thought of that conundrum
AggieWeekendCougar
May 21, 9:57am
Yep, Roth savers would be screwed as well as anyone that has just saved up
Acorn
May 21, 10:15am
Yeah, that's the usual argument against a flat/consumption tax (hurts the poor)
cougarmeister
May 21, 10:15am
Fair tax doesn't punish the poor
Dr T-bone
May 21, 10:20am
We had a discussion about the 20% tax that King Noah had on his
kotacoug
May 21, 9:44am
We talked about it, too. Don't forget 50% to the Lamanites.
gangbusters
May 21, 9:55am
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