*Stares completely lost*
I have no idea what you guys are on about but whats wrong with Obama (other than his name)
Leave him alone and maybe he'll do a good job :DL

It's not about ''enough'', it's about the side effects of too high sales tax.

No, you're right, period.

...what about the side effects of having a low one?

I suspect you really haven't thought this through. Think about it: next time a true economic stimulus would be needed, it could be revenue neutral. Lower rates, boost sales. Sales boost compensates for lower rates. At the same time, inflation could be fought more directly.

Right now we rely on the Fed's interest rates to essentially pace our economy. I believe we've outgrown such a system. The average consumer just doesn't give a damn if we raise the rate half a point or not. Indeed, banks do, but they've always relied upon the consumer taking out loans. We are looking at the double whammy of banks not wanting to lend money and consumers not needing to borrow all that much due to the declining value of homes combined with the excess of uninhabited properties owned.

In other words, the consumer that needs a loan doesn't have much choice, but there aren't many consumers out there looking for one in the first place. Ergo, fed interest rates mean little as the resulting consumer rates aren't effecting borrowing.

Can you keep up?

A national sales tax ceases to tax earnings but rather earnings SPENT, which ultimately leads to further earnings. It allows for a very specific control mechanism - lower rates to increase consumerism, raise rates to fight inflation. Tax ALL sales.

In one final amendment to my idea, I believe that the federal budget should be set to the previous year. We all have heard the phrase "tax and spend". Unfortunately, right now we "spend and tax" (that's ultimately what deficits do). The federal budget should be nothing more than the allocation of the previous year's tax revenues, with perhaps some allowable percentage of deficit. What we can't afford, we cut.

This would help stabilize and even increase the value of US currency abroad resulting in more buying power in US dollars, encouraging domestic industry. This would give us greater traction in Most Favored Nation (Permanant Normalized Trade Relations) negotiations. Those are important in correcting trade imbalances, which are a huge reason why we are losing jobs overseas. If businesses are encouraged to produce US dollars due to their value, we will see a mitigation of them attempting to produce US dollars at reduced value through overseas production.

This is complicated stuff, and I could go on. I suspect however that you understand none of it, and can't be bothered to. Hence:What an odd, clearly sarcastic answer to the direct question you quoted: "Do you have an actual REASON why I would be wrong?"

Really? You are okay with implying that someone is wrong without any reason as to why they are? That sounds pretty idiotic to me. Quite frankly, you seem like someone who got in well over his head and is now trying to exit the discussion as though you made your point and are done.

Except you never bothered to make a point and therefore just look foolish for entering the discussion in the first place.

Dude, when will you get over it ?

Isn't it funny that yet again your are deriding someones intellect when you have demonstrasted that your intellect cannot manage a basic understanding of the english language once some wingnut shockjock sets you off on an ideological rant.

Thats pretty basic isn't it, the same problem every society has faced for centuries in relation too high a sales tax(or even any sales tax), but I am afraid your apparently low intellect makes such simple things far too complicated for you to understand it like Aramike does.
what about them revenue men eh?:rotfl2:

I believe that when you discuss with people you must accept the principle that you do not hold the truth (Truth That which is considered to be the supreme reality).

Other than that, it's not a discussion, it's a monologue.

----

So that's why I don't want to spend more time arguing here.

I'm gonna stay out of all that and check only less serious threads. ;)

Always nice to have a back door thats what I always say :up:

No one holds the truth, but the flaws and associated serious problems with sales tax are as old as the hills and so well documented its amazing that he refuses to see it.
It works counterproductive to the very thing he says he wants to achieve:doh:

Dude, who said anything about anything being an absolute truth OTHER than you?Oh, and is Tribesman still dreaming about me?

It’s the electorate, stupid!

No. It is that very arrogance of the political elit which has raised the ire of the electorate.

http://www.bostonherald.com/news/us_...icleid=1284069

When will you? :sunny:

Don't be frightened, but...

I agree with you on Kerry. :D

Come on...

We could have come to an agreement, I've said many times he was right.

Kerry added that voters should be mad at stonewalling Republicans and “big money” in politics ....

This just show's you how little this man knows about the electorate. Everyone and his uncle in the 'stupid' class knows you are married to the H.J. Heinz fortune. If that isn't big money........ beyond that the so called stonewalling is also a check on out of control government controlled by one party and should be extolled ISO attacked. It is the check within our checks and balance.

Out of Touch, North East Liberal/Progressive Democrat who has been laying turds on the US since he returned from Viet Nam.

people are influenced by a simple slogan rather than the facts or the truth

Simple slogans; as in “Hope”, “Change”, or “We are the ones we’ve been waiting for”?