Feeding the Abscess
Member
- Joined
- Jun 9, 2010
- Messages
- 8,340
Well in the real world there is government and it must be funded.
The whole "percentage of income" is a Marxist argument, and if there is to be taxation it should be equal. Having the read the FairTax book it makes a lot more sense than the current system, and it allows more choice as it is dependent on the purchase of a product, rather than your money being taken before you see it.
http://www.fairtax.org/site/PageServer?pagename=about_fairtax_four#regressive
btw, I think Rand was talking about a flat tax. In the real world we do not just go from A to Z, there has to be transition. Rand understands this and it is why he is being successful.
In the real world, you don't get to a 0% tax rate by forcing everyone to pay a federal income tax (when half of Americans currently don't pay it) and then raising rates on the majority of people. Not only is that not an incremental step in the right direction, it's a massive step in the wrong direction.