The income tax is regressive. It punishes people for making money, to the point that now we have a class of people who invoke a love of money. Like the income tax, sales taxes require business entrepreneurs to cut into their profits in order to pay people to maintain their books, or else cut into their OWN time for doing the business they are trying to do. This was once pointed out to me, as a kid, by a DEMOCRAT and small business owner when REPUBLICANS were implementing a sales tax in the state of New York. Who was Rocky? The small business person deemed the sales tax, “Rocky’s Tax?” Think about it and answer, who was Rocky? It was not Silvester Stallone, either. A value-added tax, or VAT, is a tax one time proposed by CONSERVATIVES because it returns us to the days before the income and sales taxes. As a solution, I don’t give one damn whether it is liberal or conservative. All Americans should be the same and stop the BS that goes into their ears from propaganda broadcasting owned by an immigrant from Australia. It allows a tax to be collected on products, perhaps not services, at the time the products are created or re-made and appraised. The cost to the consumer is the price figured with the tax added in and there is no damn paperwork and ledgers required by business. It would “save businesses” all this money that the big fat cats keep drying and moaning about not being able to save in order to make a profit. But really. These big business fat cats don’t have to worry about it because they can dip into their profits and pay lawyers and accountants, plus pay for lawyers and accountants to run for Congress. For the small business people of America, which is greatly declined, due to the deregulation and monopolized status resulting from supply-side non-capitalist, non-competitive business in America (which is like centralized business planning in a communist state like Cuba, China, or the former Soviet Union). Fat cat Ray Kroc, and other bastards of this non-capitalist model really did work to deliberately put small business people out of business. This is how we have ended up where we are, with jobs created for lawyers (ambulance-chasing bastards when there was a glut of lawyers with no jobs) while so many other jobs and businesses in America suffer or go under. This CAN be changed. It won’t be changed until the lousy no-brain idiocracy stops soaking up propaganda broadcasting, read newspapers and other publications with knowledge, not propaganda, lies, fibs, hatred, hypocrisy, and irrational crap. Replace income taxes and sales taxes with the VAT. Period. Another time, this author wishes to speak about other taxes, like property taxes, inheritance taxes, and professional fees required for those in the trades and in work such as EMTs to attain licenses to work for America and its people.
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Short & To the Point: Replace Income & Sales Taxes with Value-Added Taxes Applied to Domestic Goods & Imported Goods
The income tax is regressive. It punishes people for making money, to the point that now we have a class of people who invoke a love of money. Like the income tax, sales taxes require business entrepreneurs to cut into their profits in order to pay people to maintain their books, or else cut into their OWN time for doing the business they are trying to do. This was once pointed out to me, as a kid, by a DEMOCRAT and small business owner when REPUBLICANS were implementing a sales tax in the state of New York. Who was Rocky? The small business person deemed the sales tax, “Rocky’s Tax?” Think about it and answer, who was Rocky? It was not Silvester Stallone, either. A value-added tax, or VAT, is a tax one time proposed by CONSERVATIVES because it returns us to the days before the income and sales taxes. As a solution, I don’t give one damn whether it is liberal or conservative. All Americans should be the same and stop the BS that goes into their ears from propaganda broadcasting owned by an immigrant from Australia. It allows a tax to be collected on products, perhaps not services, at the time the products are created or re-made and appraised. The cost to the consumer is the price figured with the tax added in and there is no damn paperwork and ledgers required by business. It would “save businesses” all this money that the big fat cats keep drying and moaning about not being able to save in order to make a profit. But really. These big business fat cats don’t have to worry about it because they can dip into their profits and pay lawyers and accountants, plus pay for lawyers and accountants to run for Congress. For the small business people of America, which is greatly declined, due to the deregulation and monopolized status resulting from supply-side non-capitalist, non-competitive business in America (which is like centralized business planning in a communist state like Cuba, China, or the former Soviet Union). Fat cat Ray Kroc, and other bastards of this non-capitalist model really did work to deliberately put small business people out of business. This is how we have ended up where we are, with jobs created for lawyers (ambulance-chasing bastards when there was a glut of lawyers with no jobs) while so many other jobs and businesses in America suffer or go under. This CAN be changed. It won’t be changed until the lousy no-brain idiocracy stops soaking up propaganda broadcasting, read newspapers and other publications with knowledge, not propaganda, lies, fibs, hatred, hypocrisy, and irrational crap. Replace income taxes and sales taxes with the VAT. Period. Another time, this author wishes to speak about other taxes, like property taxes, inheritance taxes, and professional fees required for those in the trades and in work such as EMTs to attain licenses to work for America and its people.
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Commentary, Economics, Regulated Capitalism, Commerce
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