Ouch. And yet, pretty funny for me.
What Happens in Natter 35 Stays in Natter 35
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
It can also be a sales tax or a VAT.
But that's not really what people are proposing-- an income tax that exempts savings would encourage savings and would be administered pretty much as IRAs are now.
John, there's a message for you in F2F.
But that's not really what people are proposing-- an income tax that exempts savings would encourage savings and would be administered pretty much as IRAs are now.
Something like tax-exempt CDs or something. I think something like that is fine as long as adjustments are made to prevent the tax burden from moving downward. Course right now, we need some big spending cuts and some tax increases just to break even.
OK, now I'm totally earwormed:
I'm looking over
My dead dog Rover
That I overran with the mower
One leg is missing
The other is gone
Third leg is scattered
All over the lawn
No need explaining
The one remaining
I forget the rest....
...is hanging on the bathroom door
I'm looking over
My dead dog Rover
That I ran over with the mower!
Oh, and cereal for the SLUUT!
A consumption tax would necessitate a shift of tax burden away from wealthier Americans to middle and working class people, because wealthier people save more of their income. All sales taxes and value-added taxes are consumption taxes.
This is 10 years old, but the flat taxes discussed herein are still floating around the wingnut side of DC: [link]
Thank you Kathy A!
Although... how did the remaining leg end up over the bathroom door? The lawnmower couldn't have blown it there....
Speaking of wingnuts, what the heck was Bush thinking with his prime time press conference. After looking over the transcript, it looks like since his private accounts for social security idea isn't getting traction, he's deciding to try to push private accounts plus benefit cuts. That's just weird. Social Security reform isn't going to be happening though so I guess it doesn't matter.