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See post below.This might be a moral hazard....
Last edited:
See post below.This might be a moral hazard....
Not everyone follows the rules which can create moral hazards. This might be a moral hazard....
Nevermind. I see what you mean now. I think you have it backwards though. Wouldn't I be more inclined to support higher taxes since I am not impacted by it? Perhaps I don't understand what a moral hazard is.
vasuderatorrent
When people don't pay any taxes at all it creates a moral hazard because they benefit what other people who do pay taxes are paying for.
I think it might have something to do with zero sum game theory.
Yes, this is what I was expecting. To start with it, the idea laid out here abandons the very idea that citizens own valuation of commodities is important and simply assumes it for themselves. It simply assumes that the value of the product offered to the rich man, who retains more after paying his personal outgoing, will desire more public expenditure than the poor man, due to the fact that he will have higher surplus of goods to use for other purposes. They have no way to determine what the individual man values are to be used to figure this out, except his total amount of income, as I have shown. If we are to look at the political leans of the rich you would see the full gambit of political thought are represented, and in fact, the two leading categorical groups are liberals and libertarians, which as you might be aware, do not desire the same amount of public expenditure, as is what was assumed. It should be apparent that the only way to truly determine the value of the commodity is through voluntary exchange, not through assumptions based on income and of personal value of public expenditures based on it.
No. Morality is a sense of what is right and what is wrong. Sometimes rules are based on that ... more often than not rules are based on what is best for the folks making the rules.Actually, if it is based on feelings, it is not a moral argument. Morality is a system of rules.
You seem to be referring to the Laffer curve of conservative tax theory.In addition to that, there's a simple consideration of effectiveness: after certain level, taxes become counter-productive, as the source of revenue. They inhibit economic activity to the point where overall take in the next round is lower, not higher. Of course, the break point is very difficult to establish - we just know that it exists.
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You wouldn't think the solution would be to stop paying the credit card bill either ...but that seems to be what much of the republicon house wants to do.I typically see it a different way. The biggest argument against raising taxes is that our government has shown that they are irresponsible with the money they have, so why should we be giving them more of it? By raising taxes you're rewarding politicians for doing horrible jobs, and that's not the way you handle things in the real world. If your teenage kid were in massive credit card debt and couldn't live within their means, you wouldn't think the solution would be giving him/her more money.
You wouldn't think the solution would be to stop paying the credit card bill either ...but that seems to be what much of the republicon house wants to do.
Sometimes less is more. Why do I feel like I'm arguing for a flat tax? lolVery impressive argument in such few words. I like it. Now you might see why I don't like the fact that I am not obligated to pay taxes. It really weakens my capacity to debate. Debating is one of my favorite things to do.
vasuderatorrent
The debt ceiling ... their refusal to raise it is exactly that, refusing to pay the bills on what they have already spent.I don't recall anybody saying we should just stop paying our bills, but rather to cut spending.
What is your favorite argument against higher taxes?
.... six popular arguments against the implementation of higher taxes:
The debt ceiling ... their refusal to raise it is exactly that, refusing to pay the bills on what they have already spent.
It is like throwing the credit card bills in the trash after you have spent money you didn't have.
The republicon history of spending and cutting taxes is indeed irresponsible. We should be thankful that the Obama administration is cutting spending and trying to raise taxes to undo those irresponsibilities.
Many republicon members of congress who want to default on our bills and shut down the US government voted for the unfunded Iraq war, medicare B and Bush's tax cuts. We can't undo the war and part B is here to stay but taxes can still be raised. You can only cut so much before you do more harm than good. To reach the sought after balance taxes on the wealthy must be raised.
If there were a cogent argument here I would be glad to debate it. I am defending the reasons for a progressive income tax and you are rambling on about commodities values, liberals and libertarians.
Sorry, you make no sense.
Actually taxes are very good in that they optimize the economic system and achieve the highest possible welfare for society.
The caveat is that this is only the case, when the government is restricted to producing, what economists call "public goods". As our government gets involved in other costly activities the taxes associated are detrimental to public welfare.
If the opposite of reward is to punish no politician gets "punished" by having less revenue to work with. We end up "punishing " ourselves with higher debt and fewer essential services. The only way to truly "not reward" and to "punish " an irresponsible politician is to vote them out of office.I'm not a republican, and I don't like them either, so I don't particularly care to have a "he did, she did" argument with you. Fact is, our politicians can't keep a budget (democrats and republicans), and the worst solution possible is to reward them with more money to mismanage.
You are still rambling and debating arguments that I did not make.Well, you see, they used the argument I argued against to suggest that the higher rates were warranted on more than the simplistic and rather apparent argument that the rich had more money and thus could afford more. That argument alone wouldn't actually lead someone to believe that the rich should be taxed more, but simply that what all can afford should be considered. Meaning, your argument doesn't work, and doesn't lead me to support progressive taxation, but simply lower rates. There is simply no reason suggested in your argument to run from one rate applied to all.
If the opposite of reward is to punish no politician gets "punished" by having less revenue to work with. We end up "punishing " ourselves with higher debt and fewer essential services. The only way to truly "not reward" and to "punish " an irresponsible politician is to vote them out of office.
If the opposite of reward is to punish no politician gets "punished" by having less revenue to work with. We end up "punishing " ourselves with higher debt and fewer essential services. The only way to truly "not reward" and to "punish " an irresponsible politician is to vote them out of office.
You are still rambling and debating arguments that I did not make.
From your first sentence ...Who are "they"?
What it really comes down to is K Street lobbyists who basically bribe congressmen with re-election money.Uh huh, and when was the last time that's changed ANYTHING? All they do is promise they'll change it then never do. At a minimum freeze their budget, don't give them more money as a reward.
Again if the poor and middle class take a larger burden of revenue then they have less to put into the economy by buying goods and services with what they do make. So with a flat tax although the wealthy guy pays less in taxes he never makes as much profit because the economy is strangled.Actually, I am. Your argument basically amounts to that the rich have more and can afford more. It a durr argument that amounts to nothing. You need to warrant it in terms of value, not in how much money they have to spend. If someone is going to spend more for the same service you need to warrant the cost difference in terms value to the individual paying. Understand?
If you fail to do that I have no reason to care or consider the cost difference justified.
Again if the poor and middle class take a larger burden of revenue then they have less to put into the economy by buying goods and services with what they do make. So with a flat tax although the wealthy guy pays less in taxes he never makes as much profit because the economy is strangled.
The flat tax is greed motivated by the wealthy and would be bad for the economy. Putting the larger burden on the wealthy doesn't hurt them as much ( they will still be wealthy) and everyone ends up winning with greater economic activity.
BTW taxes not a costs so much as they are a civic responsibilities.
Fewer essential services? What? I think you meant to say "all my babies would no longer get funding".