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The new American way of war is here, but the debate about it has only just begun
Democrats or at least a number of them deserve as much blame as Republicans.
It would be a step in the right direction if the GOP endorsed Winton. As much as I admire and wish the best for Mayor Rybak, the city could use a fresh perspective.
The collection of taxes is a means of gathering revenue. The sales tax or a value added tax along with other flat taxes are very good for collecting revenue because they aren't easy to escape (broad base, low rates). They do not, however, punish the wealthy for being wealthy. To do that you need income and property taxes which in turn are worth evading, and less efficient. Inefficient in this case means that as you raise the rates, the amount of money you collect per rate increase goes down...
Buyer remorse.. I wonder whether Margaret Anderson Kelliher or RT Rybak have any plans for 2014?
The collection of taxes is a means of gathering revenue. Value added and other flat taxes are very good for collecting revenue because they aren't easy to escape (broad base, low rates). They do not, however, punish the wealthy for being wealthy. To do that you need income and property taxes which in turn are worth evading, and less efficient. Inefficient in this case means that as you raise the rates, the amount of money you collect per rate increase goes down as it becomes increasingly...
Your attitude comes from regarding the collection of taxes as a crusade for righteousness and justice rather than a means of gathering revenue. So please stop with your simplistic ratios and learn something about the realities of taxation and what works in practice.
The answer to your query is: Efficiency.
Eventually, we will have to enact measures to reduce the deficit. These measures will necessarily have to include higher revenues. Initially, they may be called user fees, offsetting receipts or other euphemisms, but they will raise revenues. Polls show that Americans are not averse to soaking the rich or taxing big businesses. Eventually, these will be enacted as well. After maybe ten years of doing this, Republicans will finally support a VAT...
Governments would be wise to tax retained earnings rather than profits to discourage cash piles. A healthy tax will make cash piles perishable, and encourage their movement
Mr Obama is personally popular, but many of his policies are not. If nothing else, this suggests that Republicans need to back way off from attacking the man personally, no matter how much he personally rankles them. They need to admit that they're on the defensive and that their opinion of Mr. Obama is a minority opinion. That said, they should be able to find some specific areas of policy in which they can consolidate their strength by scoring small victories on points where public opinion...