JAGMD said:
A national sales tax system would be much more equitable than the current income tax based system.
If you define "equitable" as: "percentage of individual wage-based income", then yes, it would be more equitable. However, this "equity" provides no real balance and fairness, and provides no support for a social contract. Rather than repeat myself on these issues, I refer you to the following post:
http://www.martialtalk.com/forum/showthread.php?p=255507#post255507
JAGMD said:
Based on this nation's GDP, a 10% national sales tax on non-grocery items would actually increase tax revenue, and therefore no reduction in your precious programs would be necessary.
It would also increase the tax burden of the lower and middle classes. This is, in and of itself, unacceptable. In addition, since they will have less disposable income, these classes will reduce their consumption and spending. How is any of this a good thing?
JAGMD said:
BTW I have a negative net worth after factoring my student loans and I am one of the "rich" people they are talking about. (no my student loans aren't tax deductible either because I am "rich").
My heart bleeds for your negative net worth, truly, but do you ever wonder if you're going to be able to eat the next day? Do you have to decide between rent and medicine for your kids? Just curious.
And if we reduce taxes as you propose below, how do you think your student loans would ever have been funded?
JAGMD said:
By making it a sales tax system, the tax burden is spread equally to those who participate in the overall economy. It would also eliminate the tax shelters that the ultra-rich use to pay less taxes, so you should love it.
I've already commented on your ideas of "equality". In addition, eliminating the tax shelters you describe is meaningless... the shelters won't be necessary since the wealthy will pay *even less* than they do now under your system.
JAGMD said:
Then if we could just eliminate all of the inefficient government programs you love so much we could eliminate the deficit.
Can you provide figures which back up these claims of inefficiency? Say, comparing a number of social welfare programs to businesses? Feel free to include the Pentagon in your descriptions of "inefficient government programs"... how many TRILLIONS of dollars can they not even account for? How many social programs would that pay for?
Also, can you please tell me exactly how much of the deficit could be eliminated by eliminating "inefficient programs"? Welfare, for instance, accounts for less than 1% of government expenditures.
JAGMD said:
Then we could drill for oil in 10 acres of vast 'tundra' aka frozen wasteland in Alaska and largely eliminate our foreign dependence on oil. Then the Saudis couldn't use our $$$ to fund terrorism.
Sorry for the thread gankage, but you brought up ANWR.
Where exactly do you get your numbers from? The USGS claims that in a best-case scenario, ANWR would provide less than 1% of US domestic oil production over its 50-year lifespan. The region would take 10 years to become productive, and another 15 to reach maximum production. ANWR *proponents* recognize that _2000_ acres would need to be touched, and this doesn't include the roads and pipelines constructed between the 35 oil areas to be used in ANWR and Prudhoe Bay.
See:
http://www.ucsusa.org/global_environment/archive/page.cfm?pageID=780
This refers to US Geological Survey factsheets for additional reference.
It seems to me that requiring automakers to adjust light truck and SUV fuel economy is a far more productive way to reduce US foreign oil dependence. Moreover, kicking the President whose family has decade-old ties to Saudi oil might be an even quicker way to get US money out of terrorism's pockets.