[–] Greenzero86 0 points 1 point 1 point (+1|-0) ago
Anything with any capacity to tax is too big.
[–] 11268633? 1 point -1 points 0 points (+0|-1) ago
Yeah my business is fucked under this new system. I lived and breathed line item deductions. Now I have to have a C Corp with like 4 subsidiary Companies? Naw. I'll quit and shut down. I'll be back when we have a single digit flat tax. Until then I'm taking my ball and going home.
Going over a list of changes... Looks like they took out a lot of the worst of it. Good. It'll still tend to penalize people in blue states, since they can no longer deduct state income taxes; you may think that's okay, but it's still a tax increase.
[–] 11268610? 0 points 1 point 1 point (+1|-0) ago
We need a 1% government. One that at all levels gets to Divy up 1 %of national productivity at the end of the year. No debt. No taxes. The gov gets to create 1% of the previous years productivity in new currency to run itself. When it runs out of money it has to wait til the next year.
This model would create such a massive economic boom that the gov would probably have more money than it does now in just a few years. Hard-linking gov income to economic productivity would stop government from just blocking everything.
[–] [deleted] 0 points 1 point 1 point (+1|-0) ago
[–] 11289615? 0 points 1 point 1 point (+1|-0) ago
Well it's hard to fake revenue. Surely there would be some scams by government but it would last for a while at least and let us recover a bit.