This is just repetition of complete bobbins! Tax solutions aren't available. Growth solutions are!
Tax solutions are a part of growth solutions, Reiver. One of the main tenets of Keynesian expansionary fiscal policy is tax cuts. A complete restructuring of the tax code through this one innovative tax would be a component of the process. Increased government spending on physical and human capital development is another component. Encouragement of private sector job growth through the simplification of regulations that hinder such efforts while not eliminating negative externalities is another component.
The New Age Politician: Representing the greatest number of ideologies, constituents, and solutions.
Bobbins! Best you have is the reduction in inefficient rents or stabilisation against business cycle problems
Policy designed to reduce the negative effects from, for example, demand shocks. Certainly not one designed to maximise growth. Let's not pretend!
Just the same as Georgism 101. Delivering growth isn't so child-like straight-forward
Policies that increase physical capital, human capital, or technology deliver growth. Infrastructure development, for example, is such a policy. Increasing student loan capacity along with vocational training opportunities is another. A good tax policy will maximize the ability of a government to engage in such policies by providing ample federal revenue, although it is not necessary. Borrowing can provide the same capability, but it does not have the consequences fiscally speaking.
Last edited by thediplomat2.0; May 06 2012 at 03:39 PM.
The New Age Politician: Representing the greatest number of ideologies, constituents, and solutions.
Policies that increase physical capital, human capital, or technology deliver growth.
Which are rarely tax orientated, making your previous comments nonsensical. You've exaggerated a tax policy in order to try and suggest you have a powerful point. You didn't
And the ship we sail, and the flag she flies; It is the Herald of Free Enterprise
Which are rarely tax orientated, making your previous comments nonsensical. You've exaggerated a tax policy in order to try and suggest you have a powerful point. You didn't
No, they are government borrowing oriented, which from your perspective is not a major problem. Just as a lack of human capital, physical capital, or technology is a hindrance upon economic growth, a large debt is as well. European nations such as Greece are a prime example of what happens when sovereign debt becomes unsustainable. One has to engage in austerity measures just to stay afloat, while further burying the national economy. If the United States does not get control of its national debt, we could end up in the same situation. One of the ways to accomplish such is to make spending policies backed by tax money rather than by money created through open market operations.
The New Age Politician: Representing the greatest number of ideologies, constituents, and solutions.
All money in the US and most of the rest of the world is created from and only from debt. Debt must increase to repay this debt.
It is difficult for most to wrap their minds around this money is debt concept, but it's the reality.
The reality is printed right on the Federal Reserve Note.
A note is evidence of a debt. All we have today for our medium of exchange is debt, an IOU.
IOU what?
More debt.
When the this debt Ponzi scheme collapses, the US economy will collapse until a new monetary system is established.
This collapse happened in Iceland, and the Icelanders handled it correctly and that is why we never hear of Iceland.
Irish missed their chance.
The Greeks are getting their opportunity right now for a proper response. We'll see how they deal with the problem of Central Bank debt.
That is why the banksters are scared sh*tless - there is no solution to the problem fiat currency creates and they know it.
Once the rest of us know it, they are toast.
Correct....tell the banks and debt holders to take a hike. Repeal legal tender laws...remove taxes on gold and silver and the rest will take care of itself. Iceland as you pointed out is the PRIME example of what needs to be done. The difference is the people in power, not the politicians, are benefiting from the status quo. When the dollar fails, yes it is going to fail as all fiat currencies do eventually, the citizens are left with very little while the banks and corporations/majority shareholders reap the rewards. It has happened over and over and over and over and over and over throughout history. History is currently repeating itself.
The US is insolvent. We have been playing kick the can down the road for over 4 decades. The dollar is finished. When will it collapse? Really depends on how long the rest of the world namely the emerging economies continue to allow us to get away with it. We will be at war within 5 years.....world war likely against many of those emerging countries. Again...history will repeat itself.
The US is insolvent. We have been playing kick the can down the road for over 4 decades. The dollar is finished. When will it collapse? Really depends on how long the rest of the world namely the emerging economies continue to allow us to get away with it. We will be at war within 5 years.....world war likely against many of those emerging countries. Again...history will repeat itself.
Can you refer me to one economic publication in support of your position? (Careful now that you choose something a little bit more serious than the Babylonian Brotherhood)
And the ship we sail, and the flag she flies; It is the Herald of Free Enterprise
Can you refer me to one economic publication in support of your position?
What standard do you use to judge acceptable "economic publications?"
Ones that support the status quo? Perhaps a publication put out by the Federal Reserve System?
Or publications that simply put for the facts that those of us who can think critically can decide for ourselves whether to accept the premises put forth or not?
Or do you like others to do your thinking for you and thus have your opinions formed by those you don't even know?
The US is insolvent. Even a donkey's arse can see that. And it is a fact of history that all fiat currencies eventually fail. Without exception.
Do you think the FED has a publication that will tell you that? If so - LMFHO
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Originally Posted by Reiver
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