Originally posted by: Corn
That's right folks, raising taxes helps the economy and keeps people employed.
Well the civil servants need jobs too. Where'd they get the funds to pay them without raising the taxes?
Originally posted by: Corn
Well the civil servants need jobs too. Where'd they get the funds to pay them without raising the taxes?
MoonieTwin?, of course you are right. The way I see it, everyone should be a state employee and be taxed 100%. Imagine how well the economy would do then! Let the benevolent state clothe, feed, and shelter us, and if that doesn't make the people happy, lobotomize us all.
We'll realize Moonie's utopia someday, keep your eyes on the prize!
If we fire everybody working for the state we still have a deficit.
VAT. A consumption tax which is levied at each stage of production based on the value added to the product at that stage.
Originally posted by: heartsurgeon
VAT. A consumption tax which is levied at each stage of production based on the value added to the product at that stage.
from the European Union Web Site
"DEFINITION
Value Added Tax (VAT) is a general consumption tax assessed on the value added to goods and services.
It is a general tax that applies, in principle, to all commercial activities involving the production and distribution of goods and the provision of services. It is a consumption tax because it is borne ultimately by the final consumer. It is not a charge on companies. It is charged as a percentage of price, which means that the actual tax burden is visible at each stage in the production and distribution chain"
invisible to the consumer. The consumer has no idea how many times the product has been taxed, hiding the true cost of goverment.
Originally posted by: heartsurgeon
invisible to the consumer. The consumer has no idea how many times the product has been taxed, hiding the true cost of goverment.
bingo!
and microscopic changes in the VAT generate huge revenues for the goverment because the tax gets "added" in at every level of production....
And of course you overlook the issue that the budget exceeds state workers wages.
What's your answer to that?
Originally posted by: Corn
And of course you overlook the issue that the budget exceeds state workers wages.
Really, ya think? Golly gee, and here I was thinking that the budget *only* paid state workers wages. I had simply thought that all of the other entitlement and infrastructure costs were paid by a genie in a bottle..........I'm shocked to hear that it isn't, really.
What's your answer to that?
Here's a thought, how about cutting spending? How about reducing entitlements? How about sending illegals back to Mexico instead of allowing them to suckle at the tit of big government? Maybe the poor aren't paying their fair share of the tax burden. Hey, I'm not a resident of California, I don't know jack sh1t about your budget crisis and what kind of wasteful spending is responsible for your deficit. I'll leave that to Arnold to sort out.
Hehe, Corn. I mis-typed. It's the budget "deficit" that exceeds state workers pay. Fire all state employees and we still got a deficit.Originally posted by: Corn
And of course you overlook the issue that the budget exceeds state workers wages.
Really, ya think? Golly gee, and here I was thinking that the budget *only* paid state workers wages. I had simply thought that all of the other entitlement and infrastructure costs were paid by a genie in a bottle..........I'm shocked to hear that it isn't, really.
What's your answer to that?
Here's a thought, how about cutting spending? How about reducing entitlements? How about sending illegals back to Mexico instead of allowing them to suckle at the tit of big government? Maybe the poor aren't paying their fair share of the tax burden. Hey, I'm not a resident of California, I don't know jack sh1t about your budget crisis and what kind of wasteful spending is responsible for your deficit. I'll leave that to Arnold to sort out.
