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.
Sometimes a thing gets broke, can't be fixed.
Kaylee ,'Out Of Gas'
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.
bon bon - May 03, 2005 11:29:38 am PDT #995 of 10001
It's five thousand for kissing, ten thousand for snuggling... End of list.
Aims - May 03, 2005 11:29:48 am PDT #996 of 10001
Shit's all sorts of different now.
John, there's a message for you in F2F.
Gudanov - May 03, 2005 11:34:29 am PDT #997 of 10001
Coding and Sleeping
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.
tommyrot - May 03, 2005 11:35:08 am PDT #998 of 10001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
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....
Kathy A - May 03, 2005 11:36:12 am PDT #999 of 10001
We're very stretchy. - Connie Neil
...is hanging on the bathroom door
I'm looking over
My dead dog Rover
That I ran over with the mower!
Kathy A - May 03, 2005 11:37:36 am PDT #1000 of 10001
We're very stretchy. - Connie Neil
Oh, and cereal for the SLUUT!
Hayden - May 03, 2005 11:38:09 am PDT #1001 of 10001
aka "The artist formerly known as Corwood Industries."
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]
tommyrot - May 03, 2005 11:39:07 am PDT #1002 of 10001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
Thank you Kathy A!
Although... how did the remaining leg end up over the bathroom door? The lawnmower couldn't have blown it there....
Gudanov - May 03, 2005 11:52:30 am PDT #1003 of 10001
Coding and Sleeping
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.
Gudanov - May 03, 2005 11:55:59 am PDT #1004 of 10001
Coding and Sleeping
Hi Aimee, fellow Windstar owner. Not too long ago I compared the Windstar's J.D Powers long term reliability ratings with some other vehicles and discovered the Windstar does very well, the same as the Toyota Minivan, not as good as the Honda, but the same or better than all the other Minivans.