me at a blog

Let's give up the ghost here and go to a progressive consumption tax
Wealth needs to be taxed directly which is unconstitutional
Unless we devise some sort of life time income mechanism
That includes gifts and inheritance
Playing tax man is fun
But realistically let's focus on triggering a wage boom thru tightening the job markets
and revamping social security
In exactly the opposite direct of tubbyTaylor's

ReplyWednesday, October 31, 2012 at 06:36 AM

Paine said in reply to Paine...

The key to both
Destroy the twin taboos of federal deficits and product price inflation
The big media could do this if it treated the task like it treats global warming even
Now the sacred fear of accumulating federal debt is universally worshiped
And us scoffers are treated like lunatics rather then enlightened heretics

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