The right is often wrong on the economy. I'd love to hear some new material that isn't the same rehashed, unproven, class war, trickle down. Our benevolent conglomerates who already dodge massive amounts of tax will do the right thing with extra profit and share their scraps by hiring some people at market rate? The invisible hand will do the right thing, as foreseen by our economic sages, and will fix the problem Trump says it will fix?
First of all Tax is not theft, libertarians. And its also not a "always reduce" or "always increase" thing. What is earned in revenue by a single person or a corporation is not all yours and being stolen in the night. The cost of playing the game, the cost of participating in the biggest economy in the world, needs to be assessed and applied. But how should it be applied to not stifle and at the same time ensure people and entities are paying for what they use of the economy, e.g. more than just the price of an input or interest, the public or societal costs of operating. Frankly, public goods being consumed by the work force and sustaining them are ultimately and indirectly consumed by the entities that hire them. A company that employs 100k people is the macro benefactor of 100k lifetimes of public good consumption. Do we really think that is fully paid for through slow wages and the different tax plans on the table? It's much more complex than this, for sure, so some openness is required to see what other meaningful trends are hidden.
I'm working on a side project currently to model indirect consumption of public goods in hopes of getting a better understanding of what different entities should be paying back into the system.
For me, I see these monster conglomerates sucking wealth out of the economy for few owners and I just don't see how it's fair. The same could be said about able bodied people on welfare, but overall one is sucking trillions and the other is less than 100 billion not counting the other costs of freeloaders.
Call me names and I won't respond but heck I may not respond anyway.
Sent from my SM-G930V using USMessageBoard.com mobile app
First of all Tax is not theft, libertarians. And its also not a "always reduce" or "always increase" thing. What is earned in revenue by a single person or a corporation is not all yours and being stolen in the night. The cost of playing the game, the cost of participating in the biggest economy in the world, needs to be assessed and applied. But how should it be applied to not stifle and at the same time ensure people and entities are paying for what they use of the economy, e.g. more than just the price of an input or interest, the public or societal costs of operating. Frankly, public goods being consumed by the work force and sustaining them are ultimately and indirectly consumed by the entities that hire them. A company that employs 100k people is the macro benefactor of 100k lifetimes of public good consumption. Do we really think that is fully paid for through slow wages and the different tax plans on the table? It's much more complex than this, for sure, so some openness is required to see what other meaningful trends are hidden.
I'm working on a side project currently to model indirect consumption of public goods in hopes of getting a better understanding of what different entities should be paying back into the system.
For me, I see these monster conglomerates sucking wealth out of the economy for few owners and I just don't see how it's fair. The same could be said about able bodied people on welfare, but overall one is sucking trillions and the other is less than 100 billion not counting the other costs of freeloaders.
Call me names and I won't respond but heck I may not respond anyway.
Sent from my SM-G930V using USMessageBoard.com mobile app