Preechr's omnibus discussion thread!

[Preechr]

Real quickly (I'm late,) it's estimated that the average "imbedded" taxes in retail products currently is at around 22%. I'm sure it's arguable whether Capitalism actually works, and many wierdos would say that GREEDY CORPORATIONS would just keep the money, but I'll make fun of those folks later. Prices stay at least level, but with more capital on the market, they'll drop.

Additionally, on top of everyone getting to take home their entire paycheck, everyone with a functional SS# (because it's considered morally wrong to tax food, shelter and clothing) will get a check each month for the estimated amount of tax they will pay the coming month on those types of items. This has nothing to do with the actual amount spent on food, shelter and clothing, so poor people get more tax money "back" than they'll spend and the evil rich, who really do buy more retail products, get back just a fraction of the taxes they pay even for necessities.

I prefer the consumption tax over the flat tax because, when it comes to times of economic tragedy, it allows the taxpayer to stop paying taxes and save up the money for grandma's surgery.

I'm sure I'm over-simplifying, but that's why God made websites.

I'll try to check back in over the weekend.