Description

The “Big Six” has unveiling a basic framework for their new tax plan, and sadly, it is a bunch of nonsense that is more of a cup and ball game than real reform. Some deductions are increased, others are lessened. Some rates are lower, but who they apply to remains to be known. Both parties agree that no matter what, the new tax plan needs to be “revenue neutral”, meaning the U.S. economy will more or less be taxed as a whole as much as it is currently.

This isn’t reform! Politicians claim to want a “revenue neutral” plan, but in reality, it shouldn’t be revenue neutral. There’s no reason this necessarily needs to mean larger deficits. Just CUT SPENDING! There is no alternative voice in Washington. Neither party actually wants to cut spending, and neither party wants to cut taxes. The GOP plan for tax reform is just an illusion.

That isn’t the worst of it though. The plan laid out still needs to be rewritten by legislators and voted on. Before the American people will really know what is in it, it’ll be chopped up, rearranged, and repackaged to make it seem like everything it isn’t. Shame on our politicians!

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Meet the hosts

I am the CEO of Preuss Media LLC as well as a 20-something political commentator, blogger, talker, musician, bookworm, and weight lifter. Although lacking a formal college degree (something I boast about), my strange brain contains a wealth of knowledge of economics, political science, and philosophy.

discussions

  • What role (if any) should the gov’t play in the continued funding of cutting-edge scientific research? According to the OECD (Organization for Economic Cooperation and  Development), approximately 10% of all R&D conducted globally is directly funded by governments, with approximately 60% done by private industry and 20% by educational institutions. Granted, this number probably doesn’t take into account indirect gov’t funding through tax subsidies and incentives. That 10% goes towards projects on the cutting edge of science, such as NASAs various space ventures and the Large Hadron Collider at CERN (funded through the governments of the member states). Proponents of big gov’t science, such as Neil Degrasse Tyson, have stated in the past that projects like these are unlikely to be privately funded due to their high risk, high cost, and lack of return on investment. Gov’t, claims Tyson, is required to make the initial step and take all the risk so that private firms can follow in its wake with a clear picture of the requirements of such endeavours. TAM 2011: Our Future in Space Would such high risk, high cost projects be possible without gov’t backing?

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  • The “Tax Honesty” movement has demonstrated a few things to a lot of people.  To cover a lot with a few words, I’ll put it this way:  The IRS breaks its own rules in order to rob us through deceit. Some people (Irwin Schiff, for example) have suffered because they attempted to protect themselves from the rule-breakers.  There is now a theory popular among liberty-minded people that the government is too corrupt and powerful for anyone to succeed in an effort like Irwin Schiff’s.  There is also some good evidence showing this theory to be wrong.  It’s available at Peter Hendrickson’s website, losthorizons.com. I think that a lot of bureaucrats feel and believe that they are helping society.  This leaves them open to consider fixing situations in which their bureaucracy is breaking its own rules.  And let’s face it, there are some rules that can actually help liberty.  Perhaps the loads of evidence that Hendrickson has on his site can be explained by the presence of such “good-hearted” individuals in the bowels of the IRS. In any case, if you can, please entertain the possibility that the US Income Tax is not being administered honestly.  Consider that maybe, just maybe, in the gargantuan tangle of words called “Title 26,” the legal meaning of the law as it applies to most people is not coercive at all.  Maybe, if it were properly applied, the government would be a nuisance like neighbors who let their dogs poop on your lawn, instead of a nuisance like cancer in your lungs.  It could be true.  I think it is true, and I think that failing to follow all the twists and turns that Hendrickson uncovered to see for yourself that it is true kind of justifies you still being enslaved to a government that steals from you in order to cause havoc all over the planet in a massive deception that justifies its existence. If we want to honor the goodness in all people, including those who have been tricked into serving evil, we can do so by understanding the rules they think they should be following, and using them to protect ourselves from enslavement.

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  • It can be a challenge to keep up with all the taxes one needs to pay throughout the year, and than to deal with all the paperwork that needs to be filed can be frustrating. What would be a good way to simplify the Tax Code? Below is a list of some of the taxes that we the people need to pay, or at least we experience their effects at one time or another. -Medicare, Medicare, Social Security, Federal Inocme Tax, State tax, Local Tax, Corporate tax, Sales Tax, Property Tax, estate tax, alcohol tax, tobacco tax, gift tax, tariffs on imports and exports, etc. Would a simple flat or consumption tax do the trick?

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  • Venezuela has the highest violent crime rate in the world. Though it is not moral or justified, people choose violence over starvation when there are no alternatives. Of course, “we” libertarians all know that this situation was created by government/s coercion’s consequences, but so few among the greater population seem to recognize that. It seems like a similar fate faces the whole world.

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  • I’ve just recently blogged about Insidious Government Encroachment which I believe would provide the basis on a useful discussion here.   I’d be interested and hearing the views and experiences of others from this group.

    Jump to Discussion Post 6 replies