OpinionThe government knows better how to spend the money you earn than you.
      – DigitalBoss, 2009-01-13 at 17:54:17   (13 comments)

On 2009-01-13 at 18:04:46, Lee J Haywood wrote...
I can neither agree no disagree with this opinion, since it depends entirely on what the money is spent on. Clearly there are a huge number of things upon which the government needs to provide for us, and they raise their money through taxation. But no-one would want 100% income tax, and of the money we do have left from tax it is important that we choose how to spend it. I could be persuaded that money itself be reinvented, in terms of letting governments choose for themselves what needs to be provided and abolishing taxes in favour of creating their own money. However, I'm not clear on how the current system came to be so wouldn't wish to speculate on why it's considered valid.
On 2009-01-13 at 18:13:10, Baslisks wrote...
Mmmm you should go down that rabbit hole of creating the modern economy. Its awesome, just sucks your brain in and smashes it against the wall. If you want entertainment while learning about it I suggest you read the quicksilver series by neal stephenson.
On 2009-01-13 at 18:25:19, Thelevellers wrote...
No. There are many things which the government is better at implementing with my money than me (as they consolidate everyone's money to make lots...), but they often mant to spend money in stupiud mays as well, and need we the people to say 'OI! YOU! GOVERNMENT! NAAOOOOO!'. :)
On 2009-01-13 at 19:58:52, Baslisks wrote...
@Thelevellers: Recently we haven't been an active part of the government. The people don't sit there and yell at the government. The silent majority has been silent too long.
On 2009-01-13 at 21:01:07, DigitalBoss wrote...
The founding fathers would roll over in their graves if they heard such a statement. The federal government was never meant to be strong enough to confiscate its citizens wealth. Our tax system is a bastardized abomination. I disagree.
On 2009-01-13 at 22:59:56, Baslisks wrote...
@DigitalBoss: ANARCHY IN THE USA!
On 2009-01-14 at 16:44:25, DigitalBoss wrote...
I advocate simply making the choices that result in a smaller government, not a larger one. I advocate simply spending less money, rather than more money. I would love to have less government in business and in my personal life. Let me keep the money I earn, I know how to best spend it. Find some other way to support your fucked-up vote buying schemes.
On 2009-01-14 at 16:46:25, DigitalBoss wrote...
Vote for the Fair Tax! www.fairtax.org
On 2009-01-14 at 16:54:30, Lee J Haywood wrote...
It seems that in the US there is too much business in government, not the other way around. The outgoing administration certainly has a lot to answer for, wasting a huge amount of taxpayer's money, but I think expecting an end to income tax is wishful thinking no matter how nice an idea it is.
On 2009-01-14 at 19:10:50, Baslisks wrote...
@Lee J Haywood: If we downsized some of our military.... We could get rid of a huge drain on our taxes.
On 2009-01-14 at 20:33:48, Thelevellers wrote...
I don't mind income tax too much, but then I have a good reason for that: I'm a diabetic in the UK which means I get all the diabetes related treatment (and a fair amount of somewhat unrelated stuff that usually costs) completely free :) That said, there are a lot of things which I don't want my money going to, so that aspect annoys me. At base though, I approve of taxation, just so long as they get the amounts right... :S
On 2009-01-14 at 20:38:06, Lee J Haywood wrote...
I guess the point is that the government simply needs money through taxation but there's no reason why they couldn't get it all through other means such as VAT and let us keep all the money we earn. Actually, I can see the big flaw with this - if you didn't spend anything, you'd get to save a lot more but then the economy would suffer because people would be hoarding their money instead of spending it (especially with goods being more expensive).
On 2009-01-14 at 20:43:09, DigitalBoss wrote...
That is a misconception with a consumption tax, especially the FairTax, goods and services will not rise when the 23% inclusive tax is added. The reason why is that the corporate income tax goes away with the personal income tax. If you buy something right now, you pay about 22% embedded corporate income tax, with the FairTax there is no income tax, so the goods and services are lowered about 22% and then raised about 23%.