Who created these so called tax loopholes? GOVERNMENT!!! Corporations aren't going to let taxes just eat up their profits. If they have to raise prices 25%, they'll in the end be forced to do it. What does everywhere have to do with anything. If it's 25% everywhere, so be it. Losing money or no profit because of high taxes would be dumb!!!
Nobody gets taxed 100%, or more, because that’s the only way they'd make no money, or lose money. Any corporation will weigh which is the biggest money loser, the taxes, or the decrease in sales due to a price increase.
If businesses are failing, then they're not so efficient, are they? To be in a constant state of competition is also to be in a fragile environment, where price trumps quality, and which can be conducive to critical mistakes getting made. The free market is not perfect, and it is rarely free either.
Plus, government has scale, and a wealth of in-house experience and specialism on its side. It can be very efficient (obviously it is not always so, I never claimed that). See the NHS, which delivers healthcare at a far cheaper rate per head than in almost every other Western country.
When businesses fail there is fallout. People lose jobs, investment comes to nothing, customers lose continuity, and possibly money that they paid for a service that will not be delivered. If the free markets "efficiency" is predicated on businesses competing and some of them failing, then I think its "efficiency" is a misnomer. The failures are waste.
How? All questions are answered here: www.FairTax.org ...see the FAQ section.
Their answers don't contain a lot of depth, but that isn't really the point. You have mentioned being against all taxes, and you stated "taxes are theft". It seems to contradict your claim that you could support a plan like that one.
Their answers don't contain a lot of depth, but that isn't really the point. You have mentioned being against all taxes, and you stated "taxes are theft". It seems to contradict your claim that you could support a plan like that one.
There's no contradiction. I believe taxation is theft AND I believe taxation is practically unavoidable in nearly all political systems, therefore taxation that is depoliticized, removes favoritism and randomly applied punitive social engineering would be preferable to the highly corrupt system we have today. I have absolutely no doubt that even the FairTax would suffer feature creep and increased corruption and political influence eventually. Wherever there are people involved, self-interest is the rule.
When businesses fail there is fallout. People lose jobs, investment comes to nothing, customers lose continuity, and possibly money that they paid for a service that will not be delivered. If the free markets "efficiency" is predicated on businesses competing and some of them failing, then I think its "efficiency" is a misnomer. The failures are waste.
Having a bad business stay alive is way worse than having one die. Free markets provide the fastest growing economies that we know of, and business failures are part of that. What system are you thinking of that is better?
I'm not sure why, but healthcare is special - I agree with you that the NHS is better than the US system. I think it has to do with the moment of purchase, where the consumer is willing to do anything and has really limited information in the US. Every other business is better with a free market though.
Having a bad business stay alive is way worse than having one die. Free markets provide the fastest growing economies that we know of, and business failures are part of that. What system are you thinking of that is better?
I'm not sure why, but healthcare is special - I agree with you that the NHS is better than the US system. I think it has to do with the moment of purchase, where the consumer is willing to do anything and has really limited information in the US. Every other business is better with a free market though.
I wasn't proposing a different system, I was taking issue with what I see as a problematic qualification of why the free market is universally better than the public sector.
To your post, every other business?
Police? Fire service? Coast guard? Army? Navy? Air force? Road building? Bridge building? Rail? Metro? Legal aid? Watchdogs?
Comments
Nobody gets taxed 100%, or more, because that’s the only way they'd make no money, or lose money. Any corporation will weigh which is the biggest money loser, the taxes, or the decrease in sales due to a price increase.
If businesses are failing, then they're not so efficient, are they? To be in a constant state of competition is also to be in a fragile environment, where price trumps quality, and which can be conducive to critical mistakes getting made. The free market is not perfect, and it is rarely free either.
Plus, government has scale, and a wealth of in-house experience and specialism on its side. It can be very efficient (obviously it is not always so, I never claimed that). See the NHS, which delivers healthcare at a far cheaper rate per head than in almost every other Western country.
1. What?
2. What?
3. Whaaaaaat?
My comments come from the point of view of a business owner. If you have neither business, nor government experience what are you contributing here?
I can't help it if you do not make any sense. You do that all on your own.
1. What?
2. What?
3. Whaaaaaat?
I think I was pretty clear.
When businesses fail there is fallout. People lose jobs, investment comes to nothing, customers lose continuity, and possibly money that they paid for a service that will not be delivered. If the free markets "efficiency" is predicated on businesses competing and some of them failing, then I think its "efficiency" is a misnomer. The failures are waste.
How? All questions are answered here: www.FairTax.org ...see the FAQ section.
Their answers don't contain a lot of depth, but that isn't really the point. You have mentioned being against all taxes, and you stated "taxes are theft". It seems to contradict your claim that you could support a plan like that one.
There's no contradiction. I believe taxation is theft AND I believe taxation is practically unavoidable in nearly all political systems, therefore taxation that is depoliticized, removes favoritism and randomly applied punitive social engineering would be preferable to the highly corrupt system we have today. I have absolutely no doubt that even the FairTax would suffer feature creep and increased corruption and political influence eventually. Wherever there are people involved, self-interest is the rule.
When businesses fail there is fallout. People lose jobs, investment comes to nothing, customers lose continuity, and possibly money that they paid for a service that will not be delivered. If the free markets "efficiency" is predicated on businesses competing and some of them failing, then I think its "efficiency" is a misnomer. The failures are waste.
Having a bad business stay alive is way worse than having one die. Free markets provide the fastest growing economies that we know of, and business failures are part of that. What system are you thinking of that is better?
I'm not sure why, but healthcare is special - I agree with you that the NHS is better than the US system. I think it has to do with the moment of purchase, where the consumer is willing to do anything and has really limited information in the US. Every other business is better with a free market though.
Having a bad business stay alive is way worse than having one die. Free markets provide the fastest growing economies that we know of, and business failures are part of that. What system are you thinking of that is better?
I'm not sure why, but healthcare is special - I agree with you that the NHS is better than the US system. I think it has to do with the moment of purchase, where the consumer is willing to do anything and has really limited information in the US. Every other business is better with a free market though.
I wasn't proposing a different system, I was taking issue with what I see as a problematic qualification of why the free market is universally better than the public sector.
To your post, every other business?
Police? Fire service? Coast guard? Army? Navy? Air force? Road building? Bridge building? Rail? Metro? Legal aid? Watchdogs?
I don't even slightly agree with you.