Posted 9 years ago on Oct. 13, 2011, 3:23 a.m. EST by Lork
This content is user submitted and not an official statement
http://occupywallst.org/forum/the-flat-tax-is-unfair/ http://occupywallst.org/forum/why-a-flat-tax-costs-the-poor-more/ http://occupywallst.org/forum/flat-tax-is-a-scam-fight-the-infiltrators-with-som/ http://occupywallst.org/forum/end-trickle-down-raise-taxes-on-the-rich-thats-the/
Okay so the person in the third thread supported a "Fair" Tax which is basically a universal sales tax of 20%, which is even more regressive than the Flat Tax.
The "Fair" Tax will increase the cost of living displacing the middle class faster, fucking the everloving shit out of the poor, allowing the rich to hoard their money much more effectively and in effect, kill our economy by killing demand. Much like "Free" Trade. (RIP - Bay Area Tech Jobs)
Now some people here want to "be rich and make it someday". Other are "worried about being crushed before I start". I agree with you.
Also quoting ARod1993 -
"For you to create a business that can make it to the top you have to sell a product to people. This means that people have to buy your product. If there's a big fat tax on spending your money and no taxes on saving it or investing it or gambling with it, then people will by a lot less stuff and think a lot more carefully before they open their wallet to you. This means almost no impulse buys of your product, and far fewer sales in general. Fewer sales = less profit = a harder road to the top for the little guy. In effect, the Fair Tax comes out of the small businessman's pocket 90% of the time through reduced consumption."
"As far as flat taxation is concerned, we covered it in my AP Micro/Macro class last year and it is (while not as bad as a lump sum flat tax) still hardly a progressive taxation scheme. I read about the "Fair Tax" thanks to a guy I ran into on the OWS forum by the name of Jeff Block. He...wants to fall back onto the ultraconservative model of a balanced-budget amendment and abolishing all taxes besides the 20% consumption tax; everything else should be on the states (he thinks so; I don't) The Fair Tax is by definition about as regressive as a tax can get (unless you want to talk lump sum taxes like in the 1300s)...strategic income tax reform at the federal level will actually reduce the net tax burden you'll have to worry about, which means that you'll have an easier time getting to the top of the heap."
(Yes he was partly quoted.)
In short - "Fair" Tax will absolutely kill this country by killing demand much like our FTAs. Flat Tax will trick the middle and lower classes into lowering taxes for the rich. 9-9-9...well...that is self explanatory...I think some people called it "Starving the Beast".
I will tell you right now that the real beast is the 1% who outsource and then buy our government so that they can write laws that favor them. That being said our politicians are just as guilty.
As for raising taxes on the wealthy...
http://en.wikipedia.org/wiki/Moon_landing http://www.npr.org/templates/story/story.php?storyId=4233669http://www.fhwa.dot.gov/publications/publicroads/96summer/p96su10.cfm http://www.time.com/time/magazine/article/0,9171,155487,00.html http://www.invent.org/hall_of_fame/1_1_6_detail.asp%3FvInventorID=66
(And please don't say "moon rocks". We really do need investment to become great again.)