I will be a guest on Jack Pattie's radio show at 9:00 Monday morning talking about the coming Bluegrass Tax Revolt. It's WVLK AM 590 or www.wvlkam.com.
Sunday, March 8, 2009
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3 comments:
I'm sure you didn't have the cojones to bring up Alexander Hamilton's proportional taxation on the movement of all moneys. That's too American.
You likely spewed your feudalistic doctrine of divine rights, that the wealthy should not have to pay their fair share of taxes. And, that wage earners should revolt against spending American tax dollars to benefit all Americans.
And probably some more of Grover Norquist's doctrine of draining the tub, or Gov. "Bring Down the Bridges" Pawlenty (R-MN), whose doctrine was, "it's better to let a few Minnesotans die in the Mississippi than to spend their tax dollars making bridges safe."
Typical Republican, conservative, feudalistic ideology.
Hempy-what are you talking about?
I thought you would make a point, but you never did.
The one thing that can be said is that we all agree that we need taxation, but to what degree is the argument.
Stop calling names and make your case without acting like a 4th grader-no name calling or throwing fits.
Anon:
I'm talking about proportional taxation. Alexander Hamilton addressed it in Federalist Paper 12. He wrote:
"The ability of a country to pay taxes must always be proportioned, in a great degree, to the quantity of money in circulation, and to the celerity with which it circulates. Commerce, contributing to both these objects, must of necessity render the payment of taxes easier, and facilitate the requisite supplies to the treasury."
Maybe you should read the Federalist Papers and learn something about American ideals and values.
Proportional taxation would result in lower taxes so long as it taxed the movement of all moneys including the $1.5 trillion a year of bank-laundered drug money.
The $531 trillion derivatives also escape taxation. Under a proportional tax system that would begin at 0% (zero percent), it could max out at 7%. Every transaction at $5.4 million would pay a 7% proportional taxation fee. It would function like a toll on the economic highway.
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