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#2
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![]() "Matt Whiting" wrote in message ... The point is that we would have to have most taxes go away in order for this to happen. If we paid no income tax at all, then we could afford to pay quite a bit for the services that we actually need. There is no question that government redistributes wealth in many ways. What I don't know is what things would look like if the wealth was distributed by a free market rather than by government. Does it matter how it would be distributed? In any case, it would be distributed to those who provided goods and services to people in freely accepted transactions. The key word is "freely"...ya know, _freedom_!! I really don't know who benefits the most from the redistribution, Pols, bureaucrats and those with political pull. but given that much of government is now involved not with providing services, but with the redistribution process itself (IRS as one major example), which adds zero economic value, it is an interesting thought experiment as to what things would look like if this waste were put to use productively. It would like like a truly "Free Country". I agree that any transition would be painful. I was just trying to imagine what things could look like if the services were provided more efficiently. Prosperity would skyrocket. (Imagine the fellow whose parents spoiled him all his life, then tossed him out of the house.) Our revenue collection process now is a huge resource hog that provides no intrinsic value. Think of the mafia! I can't find the source now, but I recently saw a summary of how much money is spent simply related to collection income taxes. This included the cost of the IRS, and all tax preparation services such as H&R Block, tax software, tax attorneys, CPAs, etc. The number of people and amount of money spent simply counting and collecting taxes (and trying to avoid the same) was simply staggering. Not only the cost of collecting, but the bureaucratic overhead, not to mention the Gestapo-like tactics of the collection agencies. Not to mention the inversion of "servants" and "masters". Think how much more competitive our economy would be if these people were actually growing, mining or making things or doing something else with intrinsic value. There is no such thing as "intrinsic" value. Only value to people apply to things. |
#3
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Matt Barrow wrote:
I can't find the source now, but I recently saw a summary of how much money is spent simply related to collection income taxes. This included the cost of the IRS, and all tax preparation services such as H&R Block, tax software, tax attorneys, CPAs, etc. The number of people and amount of money spent simply counting and collecting taxes (and trying to avoid the same) was simply staggering. But how much of this is solvable not by eliminating the taxation process, but by (honestly, this time) simplifying it. In this day of automation, the state of tax preparation is incredible to the point of offense. I would not tolerate this in a vendor from whom I was purchasing by choice. That the government has yet to get this right - along with any other technological project of significance, like the FBI's fiasco - is a good point for private enterprise. However, there are inherent inefficiencies with that approach too. Every payment has a cost, even in an efficient (ie. not government {8^) world. The efficiency of the payment (ie. the amount that goes to overhead of the payment infrastructure) drops as the actual cost of the purchased item/service drops. In other words, it's more efficient to pay a single large sum than several smaller sums. This gets especially bad in the range called "micropayments", for which the world is still waiting on a good (accepted) solution. By aggregating several purchases, taxes do (rather: could in theory) provide efficiency. If only it were done well. - Andrew |
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"Andrew Gideon" wrote in message
online.com... [...] By aggregating several purchases, taxes do (rather: could in theory) provide efficiency. If only it were done well. Not sure if you really believe this or not, but your suggestion makes the assumption that taxes are only about paying for services. They are not. Much of the complexity found in tax law is about social engineering and catering to special-interest groups. It would be hard to simplify taxes while still preserving those goals, held dear by those who control tax law. Pete |
#5
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All this tax talk is good.
I kinda like www.fairtax.org myself. I am all about free markets and eliminating government as much as possible. However, the bill in question does not eliminate NWS. IF they want to put out a long term plan and show how this will help, and when we will see a better, more efficient, and free market in weather; THEN, I will support it. From here though, it sounds like the arguments are just a bunch of "free markets are always better" talk. We don't live in a free market utopia, so this is not always true. |
#6
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![]() "Dude" wrote in message ... All this tax talk is good. I kinda like www.fairtax.org myself. I am all about free markets and eliminating government as much as possible. However, the bill in question does not eliminate NWS. IF they want to put out a long term plan and show how this will help, and when we will see a better, more efficient, and free market in weather; THEN, I will support it. How about the Constitutions article 1, section 8? From here though, it sounds like the arguments are just a bunch of "free markets are always better" talk. We don't live in a free market utopia, so this is not always true. What a wishy-washy pile of ****. |
#7
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![]() "Matt Barrow" wrote in message ... "Dude" wrote in message ... All this tax talk is good. I kinda like www.fairtax.org myself. I am all about free markets and eliminating government as much as possible. However, the bill in question does not eliminate NWS. IF they want to put out a long term plan and show how this will help, and when we will see a better, more efficient, and free market in weather; THEN, I will support it. How about the Constitutions article 1, section 8? How about it? Are you trying to say that funding a NWS is not covered under section 8? From here though, it sounds like the arguments are just a bunch of "free markets are always better" talk. We don't live in a free market utopia, so this is not always true. What a wishy-washy pile of ****. Ha! I was right, your programming has wigged out! |
#8
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Andrew Gideon wrote:
Matt Barrow wrote: I can't find the source now, but I recently saw a summary of how much money is spent simply related to collection income taxes. This included the cost of the IRS, and all tax preparation services such as H&R Block, tax software, tax attorneys, CPAs, etc. The number of people and amount of money spent simply counting and collecting taxes (and trying to avoid the same) was simply staggering. But how much of this is solvable not by eliminating the taxation process, but by (honestly, this time) simplifying it. In this day of automation, the state of tax preparation is incredible to the point of offense. I would not tolerate this in a vendor from whom I was purchasing by choice. Yes, a flat income, sales or VAT tax could certainly eliminate much of the government bureaucracy. That the government has yet to get this right - along with any other technological project of significance, like the FBI's fiasco - is a good point for private enterprise. However, there are inherent inefficiencies with that approach too. Such as? There are often inequities in private enterprise, depending on how you define equity, but typically the efficiency is quite high over time as the inefficient players die out. Every payment has a cost, even in an efficient (ie. not government {8^) world. The efficiency of the payment (ie. the amount that goes to overhead of the payment infrastructure) drops as the actual cost of the purchased item/service drops. In other words, it's more efficient to pay a single large sum than several smaller sums. This gets especially bad in the range called "micropayments", for which the world is still waiting on a good (accepted) solution. By aggregating several purchases, taxes do (rather: could in theory) provide efficiency. If only it were done well. Yes, that is the crux of the problem. Government has no incentive to do this well. Matt |
#9
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Yes, a flat income, sales or VAT tax could certainly eliminate much of the government bureaucracy.
.... and that's exactly what we already have in place to pay for aviation services. A flat tax on gas. Everyone who buys gas pays for the service, and mostly everyone who buys the gas uses the service. How much better can it get? Jose (r.a.o and r.a.h trimmed) -- Money: what you need when you run out of brains. for Email, make the obvious change in the address. |
#10
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Jose wrote:
Yes, a flat income, sales or VAT tax could certainly eliminate much of the government bureaucracy. ... and that's exactly what we already have in place to pay for aviation services. A flat tax on gas. Everyone who buys gas pays for the service, and mostly everyone who buys the gas uses the service. How much better can it get? Not much for aviation, but I was talking about taxes in general. If only it was all as simple... Matt |
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