Yes, Huckabee, your tax plan is brilliant; it’s much more subtle and deadly than our current system… instead of taxing the American people up front with a 20% income tax, just tax 20% of every dollar they spend (and I know this article was written in 2008, btw, but I just ran across it, and I doubt that Huckabee’s ideas about this have changed). It’s the same thing, after all, especially if you encourage people to spend every dollar they earn in this Keynsian economy — why earn it if you’re not going to spend it? This tax plan is just a slower, less obvious form of death. It would feel a little less like a holdup, and more like pickpocketing.
I know that it’s probably too much to ask, but please, please, please don’t let Huckabee be one of the top GOP candidates for 2012, Lord. Christian ketchup and politics = slime.
According to the author of this article, “any conceivable tax system discourages work, which is unfortunate but unavoidable. But the current system also discourages saving, which is avoidable.” And he goes on to explain how great it would be if we were allowed to earn a little interest on our pretax earnings before we withdrew and spent them. Or perhaps a better plan would be if we were allowed to save our money in unlimited IRAs, but coupled that with higher tax rates on the rest of our income. So… if the government let me earn a miniscule amount of interest on every dollar in my bank account before taxing it, or let me save more of it without penalties, but taxed me higher on what I didn’t save, then that would make a difference in how I feel about the government taking that money in the first place? “Yes, this limb is gangrenous, and we’re going to have to cauterize it and cut it off with a saw, but we’ll give you some whiskey to numb the pain slightly,” is what this boils down to. Stealing is stealing is stealing.
As Murray Rothbard insightfully pointed out, “The consumption tax (aka, fair tax), on the other hand, can only be regarded as a payment for permission-to-live. It implies that a man will not be allowed to advance or even sustain his own life, unless he pays, off the top, a fee to the State for permission to do so. The consumption tax does not strike me, in its philosophical implications, as one whit more noble, or less presumptuous, than the income.”
Yes, I just paid my taxes, and I’m quite disgruntled by doing so. Can you tell?
Coram Deo~
