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Re: Taxing Non-Necessities
| quote: | Originally posted by Jethro Tull
Sales tax: Most tax revenue should come from sales tax, especially from Junk food, alcohol, cigarettes, luxuries and any non-necessities. Higher taxes should be on anything that hurts people, or costs society or the environment in anyway.
It is the most fair, because the people that spend the most on themselves pay the most in taxes. If you don’t want to pay taxes, just don’t spend money.
Page 142, The Present (with religion) at www.thetruthcontest.com |
why is that most fair?
i think a taxing regime is fair if it doesn't tax businesses that create jobs, and instead relies more heavily on taxing individauls on their income. The corporate tax structure is stupid, in my opinion. Even though it doesn't help me if corporate taxes are eliminated, talk about a huge boon for domestic job creation! Right now the US federal government is taking 35% of the pre-tax profits from businesses. If the corporate tax rate were eliminated, imagine all the cash that could be funneled back into R&D, higher wages, increased hiring, and other corporate measures that would ultimiately lead to economic growth (and a large chunk of that amount would end up in the treasury's coffers anyway through slightly higher income taxes on individuals, although clearly diluted). Higher income taxes could be justified because businesses could pay higher wages (fyi, corporate taxes are the 3rd largest expense of major corporations). Individuals likely would be in no worse shape, and overall employment would certainly increase.
Last edited by jerZ07002 on Sep-10-2009 at 20:22
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