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| subject: | Welfare |
BK>>BK>> The worker is already paying social security, he does that every
BK>>BK>> time he buys something, as social security is included in the
BK>>BK>> price of the product. So taxes will not increase, but they will
BK>>BK>> be spread over all products, including those imported. Which
BK>>BK>> will make American products more competive, decrease
BK>>BK>> unemployment, increase govt revenues to pay down the debt,
BK>>BK>> increase incomes to reduce poverty, and make the country a much
BK>>BK>> better place.
BK>> TW> WHAT in hte HELL are you talking about. That is pure
BK>> TW> jibberish. ---
BK>> Nope, you didn't think it through. Jeff Binkley has posted
BK>> extensively on a sales tax as a replacement for the income tax.
BK>> All the benefits accrue to replacing payroll taxes with a sales
BK>> tax, but the down side doesn't.
TW> Is not YOUR statement above implying that Social Security
TW> is being paid out of Sales TAXES now???
No, Social Security is being paid out of payroll taxes. The
payroll taxes become part of the sale price, but they are not
sales taxes.
TW> YOU are the one that apparently did not think it
TW> throughwhile Typing. ---
Yeah, I have thought it through for a long time.
BOB KLAHN bob.klahn{at}sev.org http://home.toltbbs.com/bobklahn
... Nothing's perfect. (excluding fundamentalist religion, of course)
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