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You know who else supports a sales tax? - John Kenneth Galbraith

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MikeG Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:27 PM
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You know who else supports a sales tax? - John Kenneth Galbraith
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:44 PM
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1. Unfortunately, he was assuming there would be an Affluent Society
capable of paying such a tax equitably. That is unfortunately not the case, obviously !
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BurtWorm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:44 PM
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3. Zing!
:toast:
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candy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:44 PM
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2. God,I can't believe he's still around.
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the_spectator Donating Member (932 posts) Send PM | Profile | Ignore Thu Mar-03-05 06:00 PM
Response to Reply #2
5. I'm surprised too.
But I just checked around on The Internets, and apparently, he is still alive - and is 96 years old at this point.
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Jacobin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 05:47 PM
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4. It's like the 'Yurpeen' value added tax
Or at least I think that's what they are talking about doing.

We could hammer it that way.

Hell, we don't want a Yurpeen Tax System....its its its SOCIALISTIC!!
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-05 07:58 PM
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6. Look who would be happy if corporations paid a fair share !
Warren Buffett Urges Higher Corporate Taxes
http://www.commondreams.org/headlines04/0306-01.htm

"Corporate income taxes in fiscal 2003 accounted for 7.4% of all federal tax receipts, down from a post-war peak of 32% in 1952. With one exception (1983), last year’s percentage is the lowest recorded since data was first published in 1934. Even so, tax breaks for corporations (and their investors, particularly large ones) were a major part of the Administration’s 2002 and 2003 initiatives. If class warfare is being waged in America, my class is clearly winning"

And since Galbraith is a Keynesian, he would be appalled at the current deficit financing not to mention regressive taxation the current administration is foisting upon us.
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