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[OT] Sci-Fi Tax ?!
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<blockquote data-quote="Roland Delacroix" data-source="post: 171857" data-attributes="member: 1753"><p>First, economically a flat percentage tax is the best thing. Skewing it to tax the poor more is unfair. Skewing it to tax the rich more cuts consumption sharply since the rich buy so much. They did this in the eightys with a luxury tax and almost killed several industrys and increased unemployment when the rich stopped buying yahts, limos, furs, etc and just invested. The reality is that economics will always be trumped by politics and it is difficult to explain to Joe Voter why Bill Gates gets taxed the same percentage as he does. So they just tax the rich a little more.</p><p></p><p>The funds given to military pre-Bush were a pittance. Planes, tanks, ships, weapons of all sizes only last so many years, and their decommision dates are rapidly approaching. Since no recent presidents bothered to replace them, instead shuffling that tax money elsewhere, when they become unsafe for the military to use they will be gone. It takes years to build new ships. Better hope our air superiority is such that we don't need carriers for a while. Luckily little bush is working overtime to fix that.</p></blockquote><p></p>
[QUOTE="Roland Delacroix, post: 171857, member: 1753"] First, economically a flat percentage tax is the best thing. Skewing it to tax the poor more is unfair. Skewing it to tax the rich more cuts consumption sharply since the rich buy so much. They did this in the eightys with a luxury tax and almost killed several industrys and increased unemployment when the rich stopped buying yahts, limos, furs, etc and just invested. The reality is that economics will always be trumped by politics and it is difficult to explain to Joe Voter why Bill Gates gets taxed the same percentage as he does. So they just tax the rich a little more. The funds given to military pre-Bush were a pittance. Planes, tanks, ships, weapons of all sizes only last so many years, and their decommision dates are rapidly approaching. Since no recent presidents bothered to replace them, instead shuffling that tax money elsewhere, when they become unsafe for the military to use they will be gone. It takes years to build new ships. Better hope our air superiority is such that we don't need carriers for a while. Luckily little bush is working overtime to fix that. [/QUOTE]
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