DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - O-Nigger going after oil company "subsidies"

**Oswczrdz** · 03-29-2012, 11:47 PM

No it's not, not even close. First, "WE", at least most of us are not corporations, and corporations are whom and what we were discussing. Second, no where in any tax code is there a 100% tax rate.
However, in your failed attempt at a straw man is found a mathematical truth. If indeed we received a lump some check for 80% of our income or if we paid a 20% net tax, the outcome is identical.
If however we received a lump some check for say 85% of our income because the Government decided we needed it to survive, that 5% would be, a subsidy

Question
Do you support the Fair Tax?

Answer
Libertarians believe that all taxes are immoral, so none could really be described as "fair."

However, some libertarians support a national sales tax (which is what the so-called Fair Tax is) as a replacement for the income tax. Some of these libertarian Fair Tax advocates feel that people will be much more enraged by a tax that they experience with every purchase, rather than one that is taken from their paycheck before they even see it. With each tax raise, everyone will become acutely aware of how much money is being taken from them. They will hopefully protest, taxes will be lowered, and what we render to Caesar will be lessened.

(Other arguments are also made by some libertarians in defense of the Fair Tax, including claims that it would be less intrusive and less costly than the income tax.)

While the above scenario is a plausible one, I suspect that the Fair Tax will one day be implemented without doing away with the income tax -- thus giving us the worst of both worlds.

I hesitate to support any tax for any reason. Harry Browne and Ron Paul said it best: "Abolish the income tax and replace it with nothing!" http://www.libertarianism.com/

03-29-2012, 11:47 PM	#20
Oswczrdz Join Date Oct 2005 Posts 539 Senior Member	No it's not, not even close. First, "WE", at least most of us are not corporations, and corporations are whom and what we were discussing. Second, no where in any tax code is there a 100% tax rate. However, in your failed attempt at a straw man is found a mathematical truth. If indeed we received a lump some check for 80% of our income or if we paid a 20% net tax, the outcome is identical. If however we received a lump some check for say 85% of our income because the Government decided we needed it to survive, that 5% would be, a subsidy Question Do you support the Fair Tax? Answer Libertarians believe that all taxes are immoral, so none could really be described as "fair." However, some libertarians support a national sales tax (which is what the so-called Fair Tax is) as a replacement for the income tax. Some of these libertarian Fair Tax advocates feel that people will be much more enraged by a tax that they experience with every purchase, rather than one that is taken from their paycheck before they even see it. With each tax raise, everyone will become acutely aware of how much money is being taken from them. They will hopefully protest, taxes will be lowered, and what we render to Caesar will be lessened. (Other arguments are also made by some libertarians in defense of the Fair Tax, including claims that it would be less intrusive and less costly than the income tax.) While the above scenario is a plausible one, I suspect that the Fair Tax will one day be implemented without doing away with the income tax -- thus giving us the worst of both worlds. I hesitate to support any tax for any reason. Harry Browne and Ron Paul said it best: "Abolish the income tax and replace it with nothing!" http://www.libertarianism.com/
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