Comments on: Fiscally Conservative

By: Michael

Michael — Wed, 18 Apr 2007 14:56:18 +0000

With a wife who stays at home to rasie our kids I’m one of the F students in your anaology. It doesn’t feel good to take more from the system than I put into it. But what are my options? I suppose I could just write a check to a rich friend.
I have several complaints about the faxtax however I agree that it’s better than the broken system we have now.

By: roman gulakowski

roman gulakowski — Wed, 18 Apr 2007 03:48:22 +0000

I know some teachers and it is extremely hard to fail a student these days, and they are often made to pass all their students. I believe in a Flat Tax on the Federal level for sales tax. The IRS and USPS are obsolete and do not make economical sense anymore.It creates a level playing field without redistribution of others earnings.

By: marcus

marcus — Fri, 13 Apr 2007 20:33:29 +0000

I don't know what the best system is, but I think the Fair Tax is a step in the right direction. It allows people to reap the full benefit of their labors, and only taxes those who choose to spend their money on consumer goods, essentially making it a voluntary tax. It's far from perfect though, it still doesn't address the issue of using government services, without contributing to the federal coffers.

By: Stephen

Stephen — Fri, 13 Apr 2007 20:08:11 +0000

yes, I would agree if I felt taxes should be based on how much you earn…

I know government needs money to pay for certain services and the citizens under that government should pay for those services, and recieve the benefits from paying. I would not even venture a guess at the best way to do that, but it seems unfair for ANYONE to pay for more than the value of the benefits they recieve, but it also does not make sense to get benefits without paying.

By: marcus

marcus — Fri, 13 Apr 2007 13:18:58 +0000

I see the "loopholes" for the top 5% as correcting wrongs already introduced by the broken system. The Tax Foundation released a report of who paid what taxes in 2004. The top 5% of income earners paid 57.13% of all the income taxes collected, even though they only earned 33.45% of all the income earned that year. This tells me that the top 5% are contributing to the pool, and their contribution is disproportionately large compared to their income. Returning to the analogy, these people still have points deducted from them, but they keep taking classes in summer school to make up for the points that were taken from them.

By: Stephen

Stephen — Fri, 13 Apr 2007 12:14:51 +0000

Think about the Teacher… In the first place they get to reward the better students with better grades, and penalize the lazy one with lower grades.

What recoures does a Teacher have to motivate the class if at the onset eveyone knows they will all Get a “C”?

Now, to alter your suggestion by a little,,, You are a student and worked hard for a 3.0 gpa,, the other stuent is a consistent 0.0 student. Then a few of your points and a few of your fellow B student’s points are given to the F student to give him a “passing” grade. It only brings down your score a little and the cumulitive effect on the slacker is that he is rewarded for slacking while you are punished for your efforts. However,, the “A” students points were left alone because of some loophole where those in the upper 5% dont have to donate points to the “pool”.

That would be more like the tax system we endure now… in my eyes.