Tommy Tainant
Diamond Member
There is a bit of a difference between your lying $8 a gallon and any reality. When was it $8 a gallon you lying twat ?Petrol in France is $5.50 a gallon not $8.I am not suggesting we should. I am suggesting that we should be fiscally responsible. The best way to accomplish that is to set the tax rate to the rate necessary to balance the budget and make all people share the burden proportionately. Overnight there would be a change.Yes, that is correct. The only deductions will be 25k for individual filings and 50k for joint filings. No exceptions.
But see, when I look at Europe, and the most recently France, this system of attacking the rich, under the theory it helps the poor..... doesn't play out.
This entire time you are chatting back and fourth on how much money can we soak the rich for.... but when has that ever worked throughout all the world, and all history? Never.
France has spent decades now, trying to soak the rich. It hasn't made things better for the poor. That's why the poor have been burning down France.
France Rang In The New Year Under A Cloud Of Heavy Security
You can't tax your country into prosperity. You can only tax your country into poverty. No matter how much you talk about how you'll make the wealthy pay this tax, or that tax, or some other tax, it will never work. It never has. It never will.
I agree with what you wrote.
Impossible. There is no tax level high enough to fix socialism.
As long as we have a socialized system of health care and pensions in place, taxes will have to increase continually until the country implodes. It is impossible to find the magic tax rate that will balance the budget.
If you doubt that... again just look at Europe. All of Europe. Most of Europe has been protected by the US. Norway, like all European countries, has drastically higher taxes. Most people, even lower-middle class, lose 50% of their income in taxes.
And yet they are running a deficit. France is running a deficit. Japan is running a deficit.
They have nearly double our average tax rate, and are all running a deficit.
So this idea that we just need to increase taxes until we can afford socialism... is never going to work. Soon we'll be paying $8/gallon for gas, like France does. All to pay for the free stuff everyone wants. Then when it destroys the middle class, like in France, people will be burning down the country.
If you want to balance the budget, the solution is to reform entitlements. We need to privatize social security, and eliminate socialized health care. If we do that, the budget will balance without us doing anything with taxes.
Gas prices change by the minute. And I do see sites saying what you posted. Gas prices have gone down around the world, since I posted that.
Gas Prices in Paris
Petrol price in Paris is €1.57 per liter. X 3.8, equals €5.96 per US gallon. €5.96 = $6.79.
So almost $7 per gallon. I just filled up for $1.87 per gallon.
So even now, it's not that far off from what I said. More importantly, the difference in cost is what I was getting at. If we had the same socialized systems in place that France does, I guarantee our gas prices would be like theirs.